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Goldman Does It Again: Dollar Plummets After Goldman FX Says "Dollar Rally Far From Over"

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By Tyler Durden

Goldman’s Robin Brooks has to be a sadist: that is the only way we can explain his ability to crush the greatest number of Goldman clients at every possible opportunity.

First, of course, it was his call to go

So much for that dollar rally, and for all those who were stopped out for the third time in a row after listening to Brooks, you will get no sympathy from us. This is what we said this morning:

Given the fact that i) Brooks’ calls are generally about as accurate as Gartman’s, and ii) Goldman is one for six so far on its Top Trades for 2016, you might want to go with the market’s view on this one to avoid getting the muppet treatment.

So to all those who once again listened to Goldman, well… assume the position.

…read more

Source: Goldman Does It Again: Dollar Plummets After Goldman FX Says "Dollar Rally Far From Over"

    

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Posted March 16th, 2016 in Uncategorized.

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