Goldman Sachs Reiterates December Rate Logic, Likes Election Year Rate Hike

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Mark Melin
Published on
Updated on

Forget a September rate hike, says Goldman Sachs economic minds Jan Hatziu and Zach Pandl. They are not only focused on December, but they are looking towards 2016 as a point to withdraw the needle of dependency. Goldman paints a negative economic picture to a degree When looking at the economic “dot plot,” a concept that seems to have been steadily beaten down by bank analysts, Hatzius and Pandl believe the tea leaves the Fed will light up on Thursday will most likely point to a December liftoff. “We will listen closely for any hints in Chair Yellen’s press conference…

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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.