Global growth outlook seen intact as stock market rebounds
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WALL Street's solid rebound on Monday following a two-week roller-coaster ride preserved investors' outlook that the global economy remains on a steady growth path, analysts said.
Goldman Sachs and other analysts pointed to a number of factors behind their upbeat global forecast including China's plan to generate high single-digit growth, Europe's re-emergence from its sovereign debt woes, and US tax cuts and increased spending.
