The first half of this year saw a hefty surge in consumer demand and economic growth, as people started climbing out of the COVID lockdowns. The pent-up consumer demand fueled the growth – but that’s starting to fade back a little now. The resurgence of the corona virus isn’t helping matters, even though most governments are loathe to impose further draconian lockdowns. Goldman Sachs strategist Ronnie Walker believes that the late-year economic pullback will be modest, and that strong growth will continue into 2022. He’s predicting a 5.
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