The Goldman Sachs economics staff “virtually at instances seems just like the Democratic opposition,” Hassett informed CNN’s Poppy Harlow on Tuesday.
The remark got here after Harlow requested Hassett a few Goldman Sachs analysis report warning {that a} 25% US tariff on all imports from China may wipe out corporate profit growth in 2019.
Hassett stated he hadn’t learn the analysis, however went on to criticize Goldman’s observe file. Hassett claimed its evaluation of final yr’s tax cuts was “actually, actually unsuitable and timed in a partisan manner.” He stated Goldman’s evaluation predicted the tax cuts could be “actually dangerous” to the financial system or have little impression earlier than jacking up its forecast after they handed.
“So possibly they’re simply attempting to make a partisan level earlier than the elections,” stated Hassett, chairman of Trump’s Council of Financial Advisers.
Take into account that Goldman Sachs (GS), like different funding banks, prices purchasers to entry their financial and market insights. Traders depend on that analysis to be…
