Not much of a day trading idea this one, but for the longer-term folks.
Goldman Sachs say they are getting set to boost economic growth forecasts in the second half of their ten-year outlook:
- enormous economic potential of generative Al
- suggests growth upside
- we will ... raise our growth forecasts ... including by 0.4pp in the US, by 0.2-0.4pp in other DMs, and 0.1-0.2pp in advanced EMs by 2034
It'd be a shame if non-DM countries are held back from jumping on board with these new economic growth engines.
