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Goldman's Jan Hatzius backs away from his worry about a 2013 recession, saying congressional...

  • Tuesday, February 19, 8:12 AM ET
    Goldman'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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This news story has 10 comments:

  • When Goldman publicly says no risk of recession, that means we will get one this year.
    19 Feb, 09:38 AM Reply Like
  • Why use the debt ceiling, when they can just let the sequester take effect.
    19 Feb, 01:16 PM Reply Like
  • Agree with Jan Hatzius position on US economy, but it published a little bit late.
    The similar position was published on December 27: http://bit.ly/Y20CEB
    S&P500 was 1402 at this point.
    19 Feb, 09:41 AM Reply Like
  • No worries on the deficit? That is rich!
    19 Feb, 10:08 AM Reply Like
  • Do you suppose Jan has heard about Walmart's first two weeks of Feb sales? Or, 1.6% contraction year over year in freight shipments?
    19 Feb, 10:21 AM Reply Like
  • Hang tough!
    19 Feb, 10:59 AM Reply Like
  • Recession?... call it whatever you want and choose arbitrary factors to calculate it.... but most companies and people are worse off (making less denero, less equity, less this and that) since 2008. Fact.

    The great credit unwind is commencing.
    19 Feb, 11:23 AM Reply Like
  • Meanwhile, gold is heading toward testing 1600 again, and silver shot through its resistance.
    19 Feb, 11:56 AM Reply Like
  • When I read/see statements like this coming from institutions like Goldman I expect the exact oppisite of what they expect (or telling us). I can almost hear that nut Cramer screaming "Buy, Buy, Buy!" Anyone who has been in the market last two years has made money. Only half of those will get out while the gett'n is good.
    19 Feb, 03:06 PM Reply Like
  • let's see how long shorts can hang in. getting nasty for them out there!
    19 Feb, 03:08 PM Reply Like
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