Goldman Admits It Was Wrong About The "Yellen Call": Offers Test To Check If It Is Finally Right
Back in November, when it was laying out its (five out of six wrong) Top Trades and predictions for 2016, Goldman strategists forecast that because the "US will be the first to grow GDP demand above potential" the stock market party would be over and that the "Bernanke Put" would be replaced with the "Yellen Call."
Specifically, this is what Goldman predicted: