Surveillance: Growth Rate Peaking, Says Kostin
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 25 May 2021
⏱️ 37 minutes
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Summary
David Kostin, Goldman Sachs Chief U.S. Equity Strategist, economy's growth rate is peaking this quarter. Marvin Loh, State Street Senior Global Macro Strategist, says the Fed is so far behind the curve, that it will be hard for them to catch up. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, details why she expects to see a bid soon return to the technology and discretionary sectors. Julia Coronado, Macropolicy Perspectives President & Founder, says the pandemic's acceleration of business transformation could result in productivity gains.
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