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Goldman sees bumper year in 2018

Nov. 19, 2017 9:48 AM ETBy: Yoel Minkoff, SA News Editor36 Comments
  • "2017 is shaping up to be the first year of the expansion in which growth surprises to the upside," Goldman Sachs said in a new research. "We expect 2018 to deliver more of the same."
  • The global economy to grow 4% next year for several reasons, including strong growth momentum, easing financial conditions and global monetary policy remaining "highly accommodative by historical standards."
  • Goldman also sees the likelihood of four U.S. interest rate hikes next year, an 80% chance that tax reform gets done in early 2018 and raised it growth outlook for the U.S. economy to 2.5%.

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