. The prospect of higher fiscal spending is expected to lead to faster economic growth but also higher inflation and interest rates, the bank said in a Monday client note.
Hatzius' GDP forecast for 2021 remains 6.4%, more than two percentage points above the consensus of forecasters. Using data from FactSet, Goldman's portfolio strategy research team screened the S&P 500 for the 100 largest stocks ranked by their expected sales growth in 2021. They excluded the financials, real estate, and utilities sectors.
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