(National Sentinel) Economy: While judging that 2017 was “surprisingly good” for the U.S. economy, financial analysts at Goldman Sachs believe that next year will be even better.
“2017 is shaping up to be the first year of the expansion in which growth surprises to the upside,” Goldman analyst Charles Himmelberg said, according to CNBC.
“We expect 2018 to deliver more of the same,” he added.
The U.S. economy grew 3 percent in the third quarter — a rate not seen at all throughout eight years of President Obama.
Himmelberg said that global growth, along with strong growth momentum in the U.S., the easing of financial conditions, global monetary policy remaining “highly accommodative by historical standards,” and the likelihood of fiscal stimulus in the U.S. should see the economy reach 4 percent growth in 2018.
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