Global Growth Momentum Will Continue In 2017: Goldman Sachs

As the financial conditions impulse points to sustained improvement in global growth momentum, Goldman Sachs places global growth for 2017 at the top end of the 3% to 3.5% average pace over the past five years. Jan Hatzius and colleagues published their “GS Macro Outlook 2017” report after collating a set of forecasts from Goldman’s economics team, and they predict that global growth will accelerate a bit further in 2018 as well. GS turns pro-risk in asset allocation The GS analysts anticipate that a lack of investment opportunities will remain an enduring challenge for investors in 2017. They point out…