• US futures and European stocks slip as concerns over economic recovery surface, while robust China GDP lifts Asian markets

    1 month ago - By Business Insider

    Summary List Placement
    US and European stocks dipped on Monday, while Asian stocks got a boost from solid China GDP.
    The week ahead will be busy for markets as Joe Biden's inauguration takes place Wednesday.
    The US dollar rebounded as Janet Yellen is set to affirm her support for a stronger dollar.
    Visit Business Insider's homepage for more stories .
    US futures and European stocks edged lower on Monday, as investor concerns over harsher coronavirus restrictions and lockdowns set off a sluggish start to the week.
    "It won't be so lively in markets today," Deutsche Bank economists said, as US...
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  • US futures and European stocks slip as concerns over economic recovery surface, while robust China GDP lifts Asian markets

    US futures and European stocks slip as concerns over economic recovery surface, while robust China GDP lifts Asian markets

    1 month ago - By Business Insider

    Thomson Reuters
    US and European stocks dipped on Monday, while Asian stocks got a boost from solid China GDP. The week ahead will be busy for markets as Joe Biden's inauguration takes place Wednesday. The US dollar rebounded as Janet Yellen is set to affirm her support for a stronger dollar. Visit Business Insider's homepage for more stories. US futures and European stocks edged lower on Monday, as investor concerns over harsher coronavirus restrictions and lockdowns set off a sluggish start to the week. "It won't be so lively in markets today," Deutsche Bank economists said, as US equity...
    Read more ...

     

  • Goldman Sachs lifts US GDP forecast to 6.6% in 2021 on Biden's $1.9 trillion stimulus package

    1 month ago - By Business Insider

    Eric Thayer/Reuters
    Goldman Sachs raised its US GDP forecast to 6.6% on Joe Biden's $1.9 trillion stimulus plan. Bank economists now project a lower US unemployment rate of 4.5%, down from 4.8%. Biden's $1,400 stimulus checks will cause a "large spike" in disposable income, they said. Visit Business Insider's homepage for more stories. Goldman Sachs has turned even more optimistic on the outlook for the US economy this year under President-elect Joe Biden. In a weekend note to clients, economists at the bank raised their forecast for US GDP to 6.6% in 2021 from 6.4%. Goldman now expects a...
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  • Goldman Sachs lifts US GDP forecast to 6.6% in 2021 on Biden's $1.9 trillion stimulus package

    Goldman Sachs lifts US GDP forecast to 6.6% in 2021 on Biden's $1.9 trillion stimulus package

    1 month ago - By Business Insider

    Summary List Placement
    Goldman Sachs raised its US GDP forecast to 6.6% on Joe Biden's $1.9 trillion stimulus plan.
    Bank economists now project a lower US unemployment rate of 4.5%, down from 4.8%.
    Biden's $1,400 stimulus checks will cause a "large spike" in disposable income, they said.
    Visit Business Insider's homepage for more stories .
    Goldman Sachs has turned even more optimistic on the outlook for the US economy this year under President-elect Joe Biden.
    In a weekend note to clients, economists at the bank raised their forecast for US GDP to 6.6% in 2021 from 6.4%. Goldman now...
    Read more ...