Goldman Sachs: The Awesome Outlook
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.