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Goldman Sachs predicts economic boom on US Covid recovery

President Joe Biden has signed a $1.9tn stimulus package to help the US recover from the pandemic

Goldman Sachs analysts have said that the uneven economic recovery in different sectors to date was good news for 2021’s growth outlook as it increased the ‘scope for outsized gains in underperforming sectors’
Goldman Sachs analysts have said that the uneven economic recovery in different sectors to date was good news for 2021’s growth outlook as it increased the ‘scope for outsized gains in underperforming sectors’ Photo: Avishek Das/Getty Images

Goldman Sachs has forecast an economic boom for the US as the country recovers from the Covid-19 pandemic.

In a 28 March client note titled “anatomy of a boom” the bank's analysts said their earlier predictions of a speedy recovery were being borne out by the early data coming out of the US.

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