Fed's Bullard Warns Unemployment May Soar To 30%, GDP Crash 50% In Q2
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Fed's Bullard Warns Unemployment May Soar To 30%, GDP Crash 50% In Q2

Last Friday, when Goldman predicted a 24% drop in Q2 GDP ostensibly in response to JPM's own -14% downgrade to Q2, we were frankly shocked, and wondered who would have the guts to come out with an even more apocalyptic prediction. Well, just 48 hours later, none other than the Fed's James Bullard has literally swept the analyst field with a forecast that - if accurate - could mean nothing short of civil war for...

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