Forex Trading Library

StockWatch: Goldman Sachs Cuts GDP Over Omicron Fears!

0 670

Goldman Sachs has cut its outlook for US economic growth for 2022, citing risks and uncertainty around the emergence of the omicron variant.

A statement read that the omicron variant could slow economic reopening. And it could worsen supply shortages should other countries implement tighter restrictions.

However, JPMorgan’s chief global markets strategist has also stated that 2022 will mark the end of the pandemic and a full economic recovery.

How do you think 2022 will play out?

Timestamps:

  • JPM 01:45
  • GS 03:05

Trade over 200 of the hottest stock CFDs with spreads starting from 0.0 pips - Open your Orbex account today!

   
Leave A Reply

Your email address will not be published.