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Friday, December 4, 2009

Under the radar: Goldman now sees 'rather strong' global growth in 2010-11

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Under the radar: Some trends are obvious enough and visible to all investors. Others are more-subtle, but are just as potent, and these often slip 'under the radar.'

Case in point: One wonders how this research slipped under the radar, but it to-date hasn't received a great deal of attention from the popular press -- Goldman Sachs now expects the global economy to expand 4.4% in 2010, and 4.5% in 2011, as the world recovers from the financial crisis, Bloomberg News reported.

That contrasts with the International Monetary Fund's most recent forecast for 3.1% growth in 2010, following a -1.1% contraction in 2008.

Continue reading Under the radar: Goldman now sees 'rather strong' global growth in 2010-11

Under the radar: Goldman now sees 'rather strong' global growth in 2010-11 originally appeared on BloggingStocks on Thu, 03 Dec 2009 17:45:00 EST. Please see our terms for use of feeds.

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