Wall Street, Fed Too Optimistic On US Economy, One Bank Says

The apparent demise of Build Back Better will deal a blow to an already waning US fiscal impulse and the world's largest economy won't live up to expectations next year. Those are two key takeaways from the 2022 vintage of Goldman's "10 Questions" year-ahead outlook piece, an annual tradition presented in Q&A format. The potential economic ramifications of Joe Manchin's decision not to back The White House's social spending plan have yet to set in for many market participants, likely becau

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One thought on “Wall Street, Fed Too Optimistic On US Economy, One Bank Says

  1. My main reason for believing that inflation ought to cool down in the coming quarters. That’d be an interesting 2nd half of 2022 if I/GS is correct…

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