Posts filtered by tags: Jan Hatzius[x]


National Mask Mandate Could Save 5 Percent of GDP, Economists Say

An anonymous reader quotes a report from The Washington Post: After a late-spring lull, daily coronavirus cases in the United States have again hit record highs, driven by resurgent outbreaks in states such as Florida, Arizona and California. Hospitals in Houston are already on the brink of being overwhelmed, and public health experts worry the pandemic's body count will soon again be climbing in tandem with the daily case load. The dire situation has raised the specter of another round of state...
Tags: Asia, California, Tech, United States, Goldman Sachs, Houston, District Of Columbia, The Washington Post, Centers For Disease Control And Prevention, Florida Arizona, Jan Hatzius

Goldman Sachs: Fiscal outlook for the U.S. 'is not good' as national debt burden grows

Jan Hatzius, chief economist at Goldman Sachs, sees the deficit ballooning to $2.05T by 2028. Lawmakers might hesitate to approve fiscal stimulus in the next downturn in light of the already substantial budget deficit. Congressional Budget Office projects that debt could equal GDP in 10 years.            [Author: CNBC]
Tags: News, Goldman Sachs, Cnbc, Congressional Budget Office, Jan Hatzius

Goldman Sachs: Likelihood of September Fed rate hike down to 25 percent

"A common theme was the absence of a clear signal that the FOMC (Federal Open Market Committee) is likely to hike in September," Goldman's economic team, led by Jan Hatzius, wrote in a note to clients late Monday. The FOMC meeting convenes in Washington on Sept. 20 and concludes on Sept. 21 when it will issue a monetary policy statement and updated forecasts from FOMC members on the direction of the economy and interest rates. Goldman, which had pegged the probability of a rate hike at 55 percen...
Tags: News, Washington, Goldman, FOMC, Jan Hatzius

Jobs report gives ammo to Fed skeptics on September rate hike

The Fed raised short-term interest rates last December by a quarter of a percentage point, but have left them unchanged so far this year. Last week, Fed Chair Janet Yellen said an improving labor market and signs that inflation are firming have strengthened the case for a rate hike, and most regional Fed bank presidents as well as Fed Vice Chair Stanley Fischer appear to back a rate hike sooner than later. Some analysts, including economist Jan Hatzius at Goldman Sachs, continue to expect the Fe...
Tags: News, Janet Yellen, Goldman Sachs, Fed, Stanley Fischer, Jan Hatzius

Goldman Crushes Democrat's Dreams: Shows Obamacare Has Cost "A Few Hundred Thousand J

Well here's confirmation of what we suspected was the truth all along. Wonder if Hillary is already screaming in the phone? "We suspect Lloyd Blankfein will be receiving a call from The White House (or Treasury) very soon as Goldman Sachs' economists did the unthinkable in the age of political correctness - while investigating the state of under-employment in America, the smartest people in the room found that ObamaCare has led to a rise in involuntary part-time employment, estimating that "a ...
Tags: White House, America, Treasury, Goldman Sachs, Hillary, Goldman, Lloyd Blankfein, Political News and Discussion, Jan Hatzius

Was There a Leak at the Fed?

U.S. stocks are lower in early afternoon trading on Thursday, with the S&P 500  (SNPINDEX: ^GSPC)  and the Dow Jones Industrial Average  (DJINDICES: ^DJI) (DJINDICES: $INDU) up 0.83% and 0.87%, respectively, at 12:30 p.m. ET. Today marks one year since the Dow last made a new high -- the longest stretch since 2012, according to The Wall Street Journal (the S&P 500 will celebrate the same anniversary on Saturday).On Tuesday, Jan Hatzius told Bloomberg Television that "[t]he market's underestimat...
Tags: Finance, Federal Reserve, Wall Street Journal, Fed, Bloomberg Television, Investment Planning, ^DJI, GSPC, $INDU, Alex DUMORTIER, Jan Hatzius

How to Get From 0.25% to $250 Million

U.S. stocks are lower in early afternoon trading on Friday, with the S&P 500 (SNPINDEX: ^GSPC)  and the Dow Jones Industrial Average (DJINDICES: ^DJI)  (DJINDICES: $INDU) down 0.24% and 0.06%, respectively, at 12:45 p.m. ET. These losses follow a disappointing employment report for April showing employers added 160,000 jobs, the lowest figure in seven months, and nearly a third below the 12-month trailing average of 232,000. The unemployment rate remained unchanged at 5%, but that was largely ...
Tags: Finance, Goldman Sachs, Federal Reserve, Bloomberg Continue, Investment Planning, ^DJI, GSPC, $INDU, Alex DUMORTIER, 851316d4-13a4-11e6-a0b8-0050569d4be0, Global Economics and Market Research, Jan Hatzius