It’s crystal-ball time for market watchers and Goldman Sachs is no different, outlining its top-10 themes for 2015, with its eyes on the economic recovery, China, oil and emerging markets.
The first theme: A broadening economic recovery, with the U.S. to remain the primary engine of global growth, while Japan and the euro area are set to look a little better, at least compared with this year.
“The developed market activity picture should look a little better overall. And although China’s growth is likely to slow further in underlying terms, other parts of emerging markets should also see better growth as the developed market recovery flows through,” it said, adding its forecasts are higher for 2015.
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