Jan Hatzius
Jan Hatzius
Jan Hatziusis the chief economist of investment bank Goldman Sachs. Notable for his bearish forecasts prior to the Financial crisis of 2007–2008, he is a two-time winner of the Lawrence R. Klein Award for the most accurate US economic forecast over the prior four years. He has also won a number of other forecasting awards, including the Wall Street Journal, Bloomberg, and Institutional Investor annual forecaster rankings...
data looks alternatives
While the official productivity data look impressive, alternative measures that are equally reasonable show a much more subdued picture.
data negative wealth
Biggest pent-up negative wealth effect you can see in the economic data going back to 1952.
committing driving increases market rate rise roof saying stock themselves third trying
They want to see how these first two rate increases go first. They are trying to straddle between not committing themselves to a third rate rise and not driving the stock market through the roof by saying they're done.
headline increase large lead likely oil prices renewed
A renewed surge in oil prices is likely to lead to a large headline PPI increase for January.
december figures fourth friday gains given income likelihood low quarter reported strong
Income figures ... were surprisingly low for December given the strong gains reported for the fourth quarter on Friday and the likelihood that bonuses would have boosted December gains.
cut might start though
What will be nice, though it's unimaginable right now, is to start forecasting when they might be able to cut rates.