Goldman Sachs believes the US economy will slow to a crawl next year

[McRocket]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

 

[Andylusion]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

I think it depends more on if the Federal Government, now with a Democrat house, continues to blow tons of money, and if we continue to fund all these social programs.

 

[SassyIrishLass]

In 2015 Goldman predicted the markets would stall and profits would tank....I should believe them now?

 

[MisterBeale]

The folks at Goldman pretty much know what the FED is going to do, they have pull over there.

It has nothing to do with the federal government, they don't have control over it.

The banking cabal would never tell the truth anyway. They will always hold their cards close. It increases their chance to make a profit and screw the rest over.

 

[JGalt]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

You're touting Goldman Sachs, who committed one of the most significant scandals in its history, a multibillion-dollar international fraud?

I though your leftards hated Goldman Sachs? Why the sudden change of heart?

 

[BookShaka]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

I’m sure you’d love for this to happen.

 

[BuckToothMoron]

We are overdue for a recession, and the Fed is raising rates, while pulling 50 Billion out of the economy per month. Housing is a leading indicator and it isn’t looking good.

 

[deanrd]

Republicans will look for all kinds of ways to blame Democrats. But look at jobs. There’s 7.1 million jobs available right now. It was over 6 million jobs available when Obama left office. We don’t have people that could fill those jobs because of lack of education.
You can’t get Republicans to fill those jobs because they’re too stupid and they have no education and they have no desire to get an education.
If you have jobs and can’t get people to fill those jobs what do you do? You move those jobs someplace else. Someplace where there are people who can do those jobs. Duh!

 

[Sonny Clark]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

And I predict above average snow fall in November and December of 2019.
I also predict Midwest floods in the Spring of 2019.

Et will visit in early summer of 2019.
Hillary will be charged with multiple crimes in 2019.
In addition, I predict that predictions will continue well into the future.

 

[JGalt]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

I’m sure you’d love for this to happen.

Anything to make Trump look bad. I swear, it's almost like they sit around all day hoping for a nuclear war or something, just so they can say "See? I told you so!"

 

[JGalt]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

And I predict above average snow fall in November and December of 2019.
I also predict Midwest floods in the Spring of 2019.

Et will visit in early summer of 2019.
Hillary will be charged with multiple crimes in 2019.
In addition, I predict that predictions will continue well into the future.

Great predictions! You should have your own TV show..

 

[Sonny Clark]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

I’m sure you’d love for this to happen.

Anything to make Trump look bad. I swear, it's almost like they sit around all day hoping for a nuclear war or something, just so they can say "See? I told you so!"

It's called "a lack of education".
It's failure to see the whole picture.
It's the same folks that believe card tricks are magic.
Trump hate has passed the point of ridiculous, and is now bordering on insanity.
For some folks, the light never comes on, darkness is eternal.

 

[Sonny Clark]

The U.S. Economy:

(1) Debt is the ONLY catalyst keeping us afloat. ( $20,000,000,000,000 and counting )
(2) We're import dependent.
(3) We continue to import labor, off-shore out-source jobs, and millions of illegals live and work in this country.
(4) America no longer produces what America uses and consumes.
(5) We've lost all or part of the following industries: Textiles, Steel, Furniture, Appliances, Housewares, Electronics, Farm equipment, Tools, Toys, Automotive parts and supplies, and customer services.
(6) Skills that were once handed down from generation to generation are lost.
(7) Multi millions are living off of some form of government assistance.
(8) Homelessness and poverty remain a huge issue.
(9) Wages still lag behind the cost of living.
(10) There's still a huge gap between the rich and the poor.

 

[Oddball]

• Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters.
• "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.
• But Goldman believes the U.S. will skirt a recession next year.

'Goldman Sachs believes the U.S. economy will slow significantly in the second half of next year as the Federal Reserve continues to raise interest rates and the effects of the tax cut fade.

"Growth is likely to slow significantly next year, from a recent pace of 3.5 percent-plus to roughly our 1.75 percent estimate of potential by end-2019," wrote Jan Hatzius, chief economist for the investment bank, in a note to clients on Sunday. "We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration."


The bank sees the economy expanding at 2.5 percent in the fourth quarter of this year, down from 3.5 percent last quarter. Real GDP growth will come in at 2.5 percent again in the first quarter of 2019, but then will slow to 2.2 percent, 1.8 percent and 1.6 percent in the next three quarters, respectively.'

Goldman Sachs believes the US economy will slow to a crawl next year

Interesting.

 

[JGalt]

We are overdue for a recession, and the Fed is raising rates, while pulling 50 Billion out of the economy per month. Housing is a leading indicator and it isn’t looking good.

Have some faith. We now have a President who can deal with pretty much anything that comes our way. Just be glad that Hillary isn't President.

 

[McRocket]

Morgan Stanley Calls It: "We Are In A Bear Market"

...

'Meanwhile, taking the other side of the bet is Morgan Stanley's bearish chief equity strategist, Michael Wilson, whose year end price target on the S&P is 2,750, the lowest of all Wall Street strategists whose average prediction is that the S&P will close above the record high of 2,930.75 hit in September and who warns again that "If it Looks like a Bear and Trades Like a Bear, Stop Trading it Like a Bull", and then just in case he wasn't clear, explains "We are in a Bear market."
To make his point, Wilson notes something we first brought attention to back on October 24, namely that in 2018 "buying the dip" has been a negative return strategy for the first time in 13 years.

Here's Wilson:

Not only does the price action this year suggest we are in the midst of a bear market--more than 40 percent of the stocks in the S&P 500 are down at least 20 percent--but it also trades like a bear market. According to analysis from our QDS colleagues, buying the dip has not worked in 2018 for the first time since 2002. Such market behavior is rare and in the past has coincided with official bear markets (20 percent declines), recessions, or both.'

Morgan Stanley Calls It: "We Are In A Bear Market"

 

[BuckToothMoron]

We are overdue for a recession, and the Fed is raising rates, while pulling 50 Billion out of the economy per month. Housing is a leading indicator and it isn’t looking good.

Have some faith. We now have a President who can deal with pretty much anything that comes our way. Just be glad that Hillary isn't President.

It’s not about faith. Presidents get far too much credit and far too much blame for the economy. Certainly the president can enact policies which will directly effect the economy (like Trumps silly trade war is bad for the economy), but the Federal Reserve and natural economic cycles are more pertinent. BTW- you must have loved Slick Willie if you are judging presidents based on the economy.

 

[BlackFlag]

It increases their chance to make a profit and screw the rest over.

^ a brief summary of the Trump Presidency

 

[JGalt]

We are overdue for a recession, and the Fed is raising rates, while pulling 50 Billion out of the economy per month. Housing is a leading indicator and it isn’t looking good.

Have some faith. We now have a President who can deal with pretty much anything that comes our way. Just be glad that Hillary isn't President.

It’s not about faith. Presidents get far too much credit and far too much blame for the economy. Certainly the president can enact policies which will directly effect the economy (like Trumps silly trade war is bad for the economy), but the Federal Reserve and natural economic cycles are more pertinent. BTW- you must have loved Slick Willie if you are judging presidents based on the economy.

It's not a "trade war." It's retaliation for decades of unfair trade practices and being taken advantage of in the marketplace. You may not like it now but in the long run, it was past time that someone addressed the problem.

BTW, Bill Clinton is the one who sold the country out by giving China their "most favored trade nation" status."

 

[BuckToothMoron]

We are overdue for a recession, and the Fed is raising rates, while pulling 50 Billion out of the economy per month. Housing is a leading indicator and it isn’t looking good.

Have some faith. We now have a President who can deal with pretty much anything that comes our way. Just be glad that Hillary isn't President.

It’s not about faith. Presidents get far too much credit and far too much blame for the economy. Certainly the president can enact policies which will directly effect the economy (like Trumps silly trade war is bad for the economy), but the Federal Reserve and natural economic cycles are more pertinent. BTW- you must have loved Slick Willie if you are judging presidents based on the economy.

It's not a "trade war." It's retaliation for decades of unfair trade practices and being taken advantage of in the marketplace. You may not like it now but in the long run, it was past time that someone addressed the problem.

BTW, Bill Clinton is the one who sold the country out by giving China their "most favored trade nation" status."

Not a trade war huh. You’re the only person in the world who doesn’t think it’s a trade war.