Omicron Cuts Begin: Goldman Slashes US Growth Forecast

Omicron Cuts Begin: Goldman Slashes US Growth Forecast

In the days following the first Omicron headlines and associated post-holiday market tumult in the US, Wall Street was somewhat reluctant to alter their macro forecasts. Uncertainty was high, liquidity was low. It would've been rash to cut growth outlooks based solely on media speculation about transmissibility and the prospect of the new variant evading vaccines. Fast forward a week and health officials are still largely flying blind, to say nothing of economists. Extreme ambiguity notwithsta
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One thought on “Omicron Cuts Begin: Goldman Slashes US Growth Forecast

  1. With the shift in Goldman’s outlook- I am curious to know what their thoughts are on how “hawkish” they anticipate the Fed might be in 2022.
    Or did their shift in outlook come without a shift in expected Fed actions?

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