Goldman chief economist cuts recession probability to 20%, dismisses yield-curve inversion
MarketWatch/Steve Goldstein/7-18-2023
“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.”
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