A Recession Declared… and Undeclared in Under 90 Minutes It took Goldman Sachs just over an hour to publicly embarrass itself—and remind us all why trusting Wall Street is financial suicide. At exactly 12:57 p.m. yesterday, Goldman’s top economist Jan Hatzius issued a bold proclamation: the U.S. is now in a recession. The note, titled “Moving to a Recession Baseline,” was circulated among clients and financial media with all the fanfare you'd expect from a bank that prides itself on shaping the narrative. But then something happened. Namely, Donald Trump opened his mouth. Roughly 73 minutes later—at 2:10 p.m.—Goldman retracted the entire thing. Not next week. Not the next day. Within the span of a coffee break. Hatzius fired off…
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