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Goldman Sachs expects US economy to recover fast

25 Jun 2020 01:00 PM

Goldman Sachs expects the US economy to display a ‘V-shaped’ recovery pattern.

The investment bank’s teams stressed that uncertainty would dominate the global markets in the coming period, while warning that secondary shocks could endanger the recovery and this situation may continue into 2021.

Goldman CEO David Solomon stressed that it may take some time before the global economy returns to its pre-Covid level.

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