Goldman chief economist cuts recession probability to 20%, dismisses yield-curve inversion

MarketWatch/Steve Goldstein/7-18-2023

cartoon illustration of steady winds the race rabbit vs wolf“Goldman’s chief economist, Jan Hatzius, trimmed the probability of a recession in the next 12 months to 20% from 25% — well below the 54% median among forecasters who participated in the last Wall Street Journey survey.”

USAGOLD note: Hatzius, in fact, believes the economy is going to grow “albeit below trend pace.”


This entry was posted in Today's top gold news and opinion. Bookmark the permalink.