Goldman Sachs: The Awesome Outlook

1 min read
Source: Financial Times
TL;DR Summary

Goldman Sachs expresses optimism about the global economic outlook, stating that "everything is awesome." The investment bank believes that the combination of accommodative monetary policies, fiscal stimulus, and progress in COVID-19 vaccinations will drive a strong recovery in the coming months. They expect global GDP to grow by 6.8% in 2021, with the US leading the way with a projected growth rate of 8%. However, they caution that risks still exist, including potential inflationary pressures and the possibility of setbacks in vaccine distribution.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

73%

30383 words

Want the full story? Read the original article

Read on Financial Times