Morgan Stanley Expects U.S. GDP to Grow By Nearly 6% in 2021

The transcript discusses the U.S. economic slowdown towards the end of the year, with growth expected to soften in the fourth quarter and the first quarter of 2021. A resurgence is anticipated from March onwards. The private sector's risk appetite has been reduced, but a rebound in consumption and investment is expected. The impact of vaccines is also considered, with a focus on their availability to vulnerable populations and the potential for economic recovery without achieving herd immunity.

What is the expected GDP growth for the U.S. in the first quarter of 2021?

• 5.9%

• 3.5%

• 2.8%

• 4.3%

What factor contributed to the private sector's reduced risk appetite?

• Rising unemployment

• High inflation rates

• Events of the past nine months

• Increased government regulations

What was observed in the private sector as restrictions were lifted?

• Stagnation in consumption

• Increase in unemployment

• Decrease in investment

• Rebound in consumption and investment

According to the biotech analyst, what will help reduce new COVID-19 cases in February?

• Stricter lockdowns

• Increased testing

• Changing weather

• Vaccine availability

What is considered the most important aspect of the vaccine in keeping economies open?

• Achieving herd immunity

• Reducing healthcare costs

• Increasing travel

• Availability to vulnerable populations