Good afternoon, it is March 9th 2021 and here is your economic and market update from BlackBee.
- OECD revise growth expectations upwards for 2021
The OECD predicts that global output to rise above pre pandemic levels by mid 2021. The Paris based think-thank has lifted the global economic growth predictions in 2021 from 4.2% to 5.6%. The OECD forecast that US President’s stimulus package will raise output from c. 3% to 4% during the first year of the stimulus package’s rollout.
Best & Worst Performers of Large Cap US Stocks on Monday
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Global Market Update
(as at close of markets 08/03/2021)