Goldman Notes Economic Statistics, Particularly Wage Growth, Might Be Getting Close to "Just Right"

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Mark Melin
Published on
Updated on

Watch out for wage growth pick-up and be careful about a recession is the message from the Goldman Sachs Economic Research team. The US economy is at full employment and the US Federal Reserve is more than justified to raise interest rates so as not to fall into runaway inflation, but all statistics are not lining up on one side of the argument — not yet. Goldman: US economy is at full employment “On a broad range of measures, the US economy is now at full employment,” Jan Hatzius and his research team wrote in an April 28 research note…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.