Nov 26, 2020 07:59 AM (GMT+8) · EqualOcean
On the 25th, Goldman Sachs held a media conference call on China's macroeconomic outlook and capital market dynamics in 2021. At the meeting, the latest forecast was made on China's economic growth rate, policy arrangement, RMB exchange rate and capital market in the next year: for the RMB exchange rate, Goldman Sachs said that it was "very optimistic". For China's stock market, Goldman Sachs still recommends high allocation. In terms of global markets, Goldman Sachs believes that with a significant rebound in the global economy next year, next year should be the highest absolute return on stocks since 2017.