In trading, you have to be defensive and aggressive at the same time
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Sept rate hike is close call, but the Fed likely moves, says Goldman’s Hatzius
The market's expectations for an interest rate increase this month fell after a disappointing August jobs report, but Goldman Sachs still thinks the Federal Reserve will pull the trigger, said Jan Hatzius, the firm's chief economist. The Labor Department reported U.S. employers added just 151,000 jobs last month, compared with estimates for 180,000 new positions and after two months of gains in excess of 250,000 hires. "It was a little below expectations, but for us, it's just enough to make it a little more likely than not that they do go in September," Hatzius told CNBC's "Squawk on the Street" on Friday. While a ... (full story)