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Goldman's Jan Hatzius backs away from his worry about a 2013 recession, saying congressional...
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Tuesday, February 19, 8:12 AM ETGoldman's Jan Hatzius backs away from his worry about a 2013 recession, saying congressional Republicans have given up on the idea of using the debt ceiling as a way to force spending cuts. No worries on the deficit, which shrunk to 7% of GDP last year on its way to 3% by 2015, says Hatzius.
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The similar position was published on December 27: http://bit.ly/Y20CEB
S&P500 was 1402 at this point.
The great credit unwind is commencing.