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Goldman Proves Best With Hatzius Divining Economy You Can Trade

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"Jan Hatzius, chief U.S. economist at Goldman Sachs Group Inc., says a January 2008 government employment report told him that the housing downturn then plaguing the country had broadened out to a full-blown recession, pushing joblessness up to 5 percent in December 2007 from 4.7 percent the prior month," Bloomberg reports. "The Goldman veteran’s foresight helped propel him and his team to No. 1 among economic forecasters, according to data compiled by Bloomberg. Hatzius is also No. 1 among forecasters of U.S. gross domestic product and No. 2 among prognosticators of unemployment and of moves in the Federal Reserve’s target for its fed funds rate."
SOURCE:   Bloomberg

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