Earlier today, we presented an analysis by Goldman Sachs which emerged with a lukewarm take on Trump's policies as to how they stand to impact US domestic growth, with only Goldman's "adverse" scenario resulting in a "stagflationary", i.e., recessionary outcome. However, in a follow up report by another set of Goldman economists Nicholas Fawcett and Sven Jari Stehn, one which looks at the broader global set of Trump policy consequences for the entire world - because after all, the US is still a part of it - it finds that virtually every scenario leads to a global contraction, something we previewed yesterday in our post titled "What’s Good For The US In This Case, Is Not Good For Emerging Markets."
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