Goldman Sachs strategist Jan Hatzius told Bloomberg on 11 January 2026 that market valuations indicate how far markets can move, but they are not the catalyst that will drive such moves. Valuations, he said, set potential amplitudes for market reactions rather than acting as the trigger for them.
Hatzius also commented on productivity and employment dynamics, noting that over the long term higher productivity does not generally translate into broad-based higher unemployment. He warned, however, that unemployment can rise in specific areas experiencing major structural change, as workers and industries adjust to new technologies or shifting demand.
The remarks underline a distinction between price levels and market drivers, and highlight the localized labor-market effects that can accompany structural economic shifts. #GoldmanSachs #JanHatzius #markets #productivity #FiatNews
Economist Dimitris Georgarakos and colleagues on VoxEU examine the potential introduction of a digital euro and what it would mean for household behaviour and the financial system. The authors explore how households might respond to a central bank digital currency and the possible knockβon effects for banking and market structures.
Their analysis centres on householdsβ likely actions and the broader systemic impact rather than advocating a specific policy. The discussion is presented as a research assessment of scenarios and mechanisms rather than a forecast of adoption.
The piece aims to inform debates on digital currency design by highlighting channels through which a digital euro could alter payment habits and interactions between households, banks and other financial intermediaries. #DigitalEuro #euro #FiatNews
On Jan. 10, 2026, Goldman Sachs economists Jan Hatzius and Ben Snider told Bloomberg that investments in artificial intelligence are widely overestimated in terms of their contribution to overall economic growth. They argued that current market enthusiasm likely attributes too large an effect on GDP to AI spending relative to what is realized in the aggregate economy. #GoldmanSachs #AI #GDP
Hatzius and Snider spoke about their outlook for the economy and financial markets, noting broader forces at work beyond technology investment alone. They said that in recent years productivity gains have altered the historical relationship between output growth and unemployment, complicating simple one-to-one links between investment booms and labor market improvements.
Their remarks underscore Goldman Sachs' caution that AI-related capital flows may not translate into proportional macroeconomic expansion, and that analysts should account for evolving productivity dynamics when assessing policy and market implications. #FiatNews
On Jan. 10, 2026, economists led by Dimitris Georgarakos published a survey examining public attitudes toward a possible digital euro across the 11 largest eurozone countries. The study was undertaken amid broader moves by several central banks to explore digital versions of their currencies.
The research aims to map how populations in major euro-area economies would react to a central bank digital currency (CBDC), but the summary provided does not disclose detailed results or specific country breakdowns. The work is positioned as a contribution to ongoing policy discussions about design, access and adoption of a potential digital euro.
The report underscores that public sentiment will be a key input for policymakers weighing next steps on a digital euro project. #DigitalEuro #Eurozone #CBDC #FiatNews
On January 9, 2026, the S&P 500 climbed to fresh record highs despite mixed reports from the U.S. labor market. The index extended its early-year momentum, marking its fifth gain in six trading days as investors remained broadly optimistic heading into the new year.
Mixed U.S. jobs data failed to derail the rally; specific labor-market indicators were uneven, but overall market sentiment supported continued equity buying. The advance underscores the prevailing risk-on tone that has dominated trading in the first week and a half of 2026.
Traders and strategists will watch upcoming economic releases for confirmation of the jobs picture, but for now the S&P 500βs move to new highs highlights persistent investor confidence. #SP500 #USJobs #Markets #FiatNews
Although investor attention often centers on reported profits, what ultimately matters is how much cash companies actually generate. Accounting profits can diverge from cash earnings, so headline net income does not always reflect economic reality.
Accounting results include non-cash items and timing effects from accruals and working capital; a firm may report profit while producing little operating cashβor the reverse. Cash generation determines a company's ability to service debt, pay dividends and fund investment.
Analysts and investors should therefore supplement profit analysis with cash metrics such as operating cash flow and free cash flow to get a clearer picture of performance and financial resilience. #earnings #cashflow #investing #FiatNews
Mining sector merger talks resumed as Rio Tinto and Glencore confirmed discussions about a potential tie-up. Such a deal would create the worldβs largest mining group with a market value exceeding $200 billion, reshaping the global commodity and mining landscape if completed. #RioTinto #Glencore #FiatNews