Goldman Predicts ‘At Least One’ Vaccine Approval Before The End Of 2020, Raises GDP Estimate

Goldman raised its economic forecasts for next year as it expects “at least one vaccine” to be widely distributed by the second quarter of 2021.

Goldman is forecasting 2021 GDP growth to hit 6.2% on an annual average basis, up from a previous estimate of 5.6% . Goldman says the quicker arrival of a vaccine would boost prospects for an economic recovery—with consumer spending set to accelerate in the first half of 2021 as Americans “resume activities that would previously have exposed them to Covid-19 risk.”

Still, there should be in-home testing before EOY by ADPT and perhaps someone else that could help. Still, the economy is screwed and no one knows how to accurately value equities with negative real interest rates.

Lol. Remember when GS predicted oil price above $ 200 😅

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