Who won this morning’s battle of the wonks? A better question would be who lost.
The job report is dismal: Only 71,000 jobs were added last month in the private sector, worse even than the prediction of 75,000 from economist Jan Hatzius, Goldman’s Negative Nancy. He had gone head-to-head with Morgan Stanley’s Read More
When July’s unemployment rate is announced tomorrow morning at 1:45 a.m., one economist will win, and one economist will lose.
Goldman Sachs’ Jan Hatzius is pessimistically betting unemployment has gone up, and Morgan Stanley’s Richard Berner thinks it’s gone down. The Times has a breakdown of the two economists’ contradictory positions, Read More