Jan Hatzius of Goldman Sachs discusses the long-term ramifications of the Great Recession and why unemployment might remain structurally high. He also believes this Friday’s jobs report will disappoint to the downside as the private sector creates zero jobs and census firings drive total payrolls to -125K, both worse than expected.
Source: CNBC
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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