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Goldman Sachs: 2018 to be great new year

The following excerpt is from an article that originally appeared on WND Econony

(CNBC) — This has been a good year for the global economy, and 2018 will follow that trend, analysts at Goldman Sachs said.

Economic growth around the world has picked up steam this year. Germany — Europe’s largest economy — grew an unexpectedly strong 0.8 percent in the third quarter. In Japan, the economy has grown for seven straight quarters. Meanwhile, in the U.S., the economy grew 3 percent in the third quarter.

“2017 is shaping up to be the first year of the expansion in which growth surprises to the upside,” Goldman analyst Charles Himmelberg said in a note to clients Thursday. “We expect 2018 to deliver more of the same.”

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