Goldman Sachs expect widespread DM vaccinations by the middle of 2021, will drive a sharp pick up in global growth
Read full post at forexlive.com
Goldman Sachs economists if forecasting large numbers of people in developed countries will be vaccinated by the middle of next year, 70% by the (northern fall 2021).
- For the US. high-risk groups will probably start receiving doses of a vaccine by the middle of December 2020
- Uk to have vaccinated about 50% of its population by March, Canada & US by April.
- EU, Australia, Japan will likely reach 50% by May
For the economic impact, “our baseline forecast that widespread immunization should drive a sharp pickup in global growth starting in Q2.”
GS note risks to that outlook are for a later timeline.