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

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.
Comments (10)
  • idkmybffjill
    , contributor
    Comments (1560) | Send Message
     
    When Goldman publicly says no risk of recession, that means we will get one this year.
    19 Feb 2013, 09:38 AM Reply Like
  • Stephen Aniston
    , contributor
    Comments (2325) | Send Message
     
    Why use the debt ceiling, when they can just let the sequester take effect.
    19 Feb 2013, 01:16 PM Reply Like
  • Tom Saga
    , contributor
    Comments (80) | Send Message
     
    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 2013, 09:41 AM Reply Like
  • bankingqueen
    , contributor
    Comments (135) | Send Message
     
    No worries on the deficit? That is rich!
    19 Feb 2013, 10:08 AM Reply Like
  • quinnman
    , contributor
    Comments (104) | Send Message
     
    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 2013, 10:21 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Hang tough!
    19 Feb 2013, 10:59 AM Reply Like
  • kwm3
    , contributor
    Comments (2453) | Send Message
     
    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 2013, 11:23 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Meanwhile, gold is heading toward testing 1600 again, and silver shot through its resistance.
    19 Feb 2013, 11:56 AM Reply Like
  • caupachow
    , contributor
    Comments (333) | Send Message
     
    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 2013, 03:06 PM Reply Like
  • yumy87
    , contributor
    Comments (209) | Send Message
     
    let's see how long shorts can hang in. getting nasty for them out there!
    19 Feb 2013, 03:08 PM Reply Like
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