September 7, 2021
Numerous economists (e.g. at Goldman Sachs, BofA) have been cutting growth forecasts for this year amid worries about the delta variant and consumer spending.
Unfolding the growth outlooks of better vs. worse from last January of the US:
Covid concerns rising of the US growth worse narrative
Green vs red waves coinciding with reopening vs lockdowns and good vs bad vaccine news
US fiscal stimulus and vaccinations progress boost growth outlook
Delta variant fears emerge” under the most recent red increases
However, the underlying pace of growth expected for this and next years remains solid and several Fed officials (e.g. Rosenberg, Bullard) have expressed their confidence in the US economic recovery and the need for tapering.
RavenPack is the leading provider of insights and technology for data-driven companies, including the most successful hedge funds, banks, and asset managers in the world.
Please use your business email. If you don't have one, please email us at firstname.lastname@example.org.
We will process your personal data with the purpose of managing your personal account on
RavenPack and offering our services. You can exercise your rights of access, rectification,
erasure, restriction of processing, data portability and objection by emailing us at email@example.com. For more information, you can
Your request has been recorded and a team member will be in touch soon.