Goldman Shuns ‘New Neutral’ After Doubting ‘New Normal’
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Goldman Sachs Group Inc. didn’t buy the “new normal” and it’s not rushing to embrace the “new neutral” either.
Goldman Sachs economists led by Jan Hatzius and Dominic Wilson are questioning the bet made last month by investor Bill Gross that Federal Reserve monetary tightening will be much less aggressive than in the past -- when it comes.