Goldman's top economist Jan Hatzius has a new note out, taking stock of where the US economy is right now. The basic idea is that things have slowed down a bit (due to the fiscal headwinds) but that mostly things are still holding on, and that downside tail risk has diminished. These two bullet points sum things up:   1. Our baseline forecast remains unchanged—slow growth in most of 2013 as tax increases and government spending cuts offset the private sector improvement, followed by a substantial acceleration in 2014 as fiscal policy turns more neutral. The economic news remains ... Read More