Global real GDP to grow 6% in 2021 – Goldman Sachs

Economists at Goldman Sachs foresee a strong coronavirus-led global economic recovery in 2021.

The global real gross domestic product (GDP) is expected to grow 6%, powering stronger gains in the risk assets. Notably, the investment bank expects the S&P 500, Wall Street's benchmark index, rising to 4,300 by the end of 2021. That's 22% higher than the current level.