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Goldman Sachs Chief Economist Jan Hatzius on an Economic Restart

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Since the COVID-19 pandemic took hold, shuttered businesses, swelled unemployment ranks, and left everyone in doubt about what the next few weeks may hold, there has been a lingering question that's now dominating discussion.

When is the economy ever going to restart again?

Fortunately, Jan Hatzius, Goldman Sachs’ chief economist, has a take. "There is research suggesting that doing the right thing from a public health perspective, while very painful for the economy in the short term, is ultimately also the right thing for the economy."

In a discussion about the global economy right now, Hatzius shared his views on a range of topics, from indicators for an economic recovery to policy responses to date. Watch the video above to learn more.

Additional resources from Goldman Sachs

Are you a small business owner?
Goldman Sachs has committed to delivering $550 million across two separate initiatives to help small businesses and communities around the world. Learn more about these initiatives and get access to resources to help small businesses during this unprecedented time at the US Small Business Resource Center.

Want to learn more about how COVID-19 is impacting the economy and markets?
Explore research and insights from Goldman Sachs by visiting gs.com/covid-19.

This article is for informational purposes only and is not a substitute for individualized professional advice. Articles on this site were commissioned and approved by Marcus by Goldman Sachs®, but may not reflect the institutional opinions of The Goldman Sachs Group, Inc., Goldman Sachs Bank USA or any of their affiliates, subsidiaries or divisions.