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  1. Goldman Sachs26 min

    Goldman Sachs Exchanges: Outlook 2026 | Episode 1: The Big Picture

    Jan Hatzius, Dominic Wilson, Alison Nathan

    Goldman Sachs projects 2026 global growth to reach 2.7%, driven by the "One Big Beautiful Bill Act," German fiscal easing, and the fading impact of 2025 tariffs. The firm forecasts a 2.5% expansion for the U.S. economy alongside expected Federal Reserve rate cuts that aim to lower inflation and address labor market stagnation. While equities are anticipated to deliver low double-digit returns, analysts warn of recession risks tied to the "SOM Rule" and elevated valuations that may trigger significant market volatility.