Goldman Doesn’t See a Significant Economic Impact From Tariffs

Goldman Doesn’t See a Significant Economic Impact From Tariffs

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of the global economy, which remains in the expansion phase of the business cycle, albeit moving towards its latter stages. It examines the potential impact of trade tariffs on global GDP, estimating a minor effect of 0.1 to 0.2%. In contrast, the US fiscal package is expected to add 0.7% to GDP. While acknowledging risks of escalation and confidence impacts, the speaker does not foresee significant changes in policy or portfolios as a result of these factors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What phase is the global economy currently in according to the speaker?

Recession phase

Expansion phase

Peak phase

Contraction phase

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated impact on global GDP if all proposed tariffs are implemented?

0.5% to 0.6%

0.3% to 0.4%

0.7% to 0.8%

0.1% to 0.2%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suspect about some of the proposed tariffs?

They will be increased

They will be rolled back

They will be doubled

They will remain unchanged

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the US fiscal package expected to add to GDP this year?

0.1%

0.3%

0.5%

0.7%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's view on the likelihood of changing policy in portfolios due to the current situation?

Certain

Unlikely

Somewhat likely

Very likely