Prediction for U.S. GDP Growth from Q42020 to Q42021

Prediction for U.S. GDP Growth from Q42020 to Q42021 32 leading academic economists do not see significantly higher GDP growth under Donald Trump or Joe Biden, as long as the current control of Congress remains the same. Image: BofA

Prediction Market Probability That Democrats Have Control Following 2020 Election

Prediction Market Probability That Democrats Have Control Following 2020 Election According to Goldman Sachs, the odds of a “blue wave” in November have risen and could lift the effective S&P 500 tax rate from 18% back to 26%, reducing the 2021 EPS forecast from $170 to $150. Image: Goldman Sachs Global Investment Research

Prediction for Near-Term S&P 500 Downside to 2,000

Prediction for Near-Term S&P 500 Downside to 2,000 Goldman Sachs suggests that equity markets are unlikely to make new lows, if the U.S. doesn’t have a second surge in infections after the economy reopens. The year-end S&P 500 target remains 3,000. Image: Bloomberg

Performance – MSCI China vs. MSCI EM

Performance – MSCI China vs. MSCI EM China’s performance relative to emerging markets has closely correlated with Trump’s implied winning probability in the prediction market. Image: Goldman Sachs Global Investment Research