AdvertisementThe global economic expansion will continue into 2025, according to Goldman Sachs Asset Management.
"But it's all a give and take here, because we're also going to be seeing a lot of efficiencies come into the labor market, potentially."
GSAM strategists aren't sweating about the labor market yet, but they're watching those trends closely.
Despite their lofty valuations, GSAM isn't bailing on US equities.
That may finally change in 2025 as China's government gets serious about economic stimulus, Wilson-Elizondo said.
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