{"id":258749,"date":"2010-02-01T08:34:00","date_gmt":"2010-02-01T13:34:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/goldman-after-six-months-we-can-safely-say-this-is-no-v-shaped-recovery-2010-2"},"modified":"2010-02-01T08:34:00","modified_gmt":"2010-02-01T13:34:00","slug":"goldman-after-six-months-we-can-safely-say-this-is-no-v-shaped-recovery","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/258749","title":{"rendered":"Goldman: After Six Months, We Can Safely Say This Is No V-Shaped Recovery"},"content":{"rendered":"<p><a href=\"http:\/\/www.businessinsider.com\/goldman-after-six-months-we-can-safely-say-this-is-no-v-shaped-recovery-2010-2\/the-bulls-like-to-point-to-this-scatter-chart-it-shows-that-the-deeper-the-recession-the-stronger-the-recovery-typically-1\"><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b66d7ca00000000004eddc9-363-273\/chart.jpg\" border=\"0\" alt=\"chart\" width=\"363\" height=\"273\" \/><\/a>Last Friday&#8217;s lights-out GDP report has revived hopes among bulls that we still might get the V-shaped recovery everyone was predicting last summer.<\/p>\n<p>After a string of disappointing jobs and housing numbers in the fall, it seemed the chance of that had been fading.<\/p>\n<p>But Goldman Sachs economist Jan Hatzius has a grim message: It&#8217;s not happening.<\/p>\n<p>In a weekly note, he slams the idea that a sharp fall must be followed by a sharp recovery (the argument put forth by the likes of interest rate guru James Grant).<\/p>\n<p>Hatzius&#8217;s argument: Unlike in past recessions, which were caused by Fed tightening, this time the Fed is super loose, and we&#8217;ll experience tightening while the economy recovers.<\/p>\n<h2><a href=\"http:\/\/www.businessinsider.com\/goldman-after-six-months-we-can-safely-say-this-is-no-v-shaped-recovery-2010-2\/the-bulls-like-to-point-to-this-scatter-chart-it-shows-that-the-deeper-the-recession-the-stronger-the-recovery-typically-1\"><strong>See the whole argument &gt;<\/strong><\/a><\/h2>\n<p><a href=\"http:\/\/www.businessinsider.com\/goldman-after-six-months-we-can-safely-say-this-is-no-v-shaped-recovery-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/huge-inventory-boost-in-gdp-makes-double-dip-recession-way-more-likely-2010-2\">Historically, Huge Inventory Boosts Like In Q4 Have Ended Very Badly<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/rosenberg-heres-four-reasons-why-that-gdp-number-was-a-joke-2010-2\">Rosenberg: Here&#8217;s Four Reasons Why That GDP Number Was A Joke<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/bill-miller-forcast-yes-10-economy-this-year-2010-1\">Bill Miller Makes Or Breaks His Career With This Call: U.S. GDP Will Grow 7-10% And Stocks Will Melt Up<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/7ii5gPdLpgw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Friday&#8217;s lights-out GDP report has revived hopes among bulls that we still might get the V-shaped recovery everyone was predicting last summer. After a string of disappointing jobs and housing numbers in the fall, it seemed the chance of that had been fading. But Goldman Sachs economist Jan Hatzius has a grim message: It&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-258749","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/258749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=258749"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/258749\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=258749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=258749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=258749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}