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• The US economy could expand 4.6% in 2021 on the back of huge fiscal spending by President-elect Joe Biden’s administration, according to a note from Ned Davis Research.
• The successful distribution of a COVID-19 vaccine will serve as a tailwind throughout 2021, but investors should prepare for a weak first half of growth followed by a strong second half, NDR said.
• Other tailwinds that will support a strong US economy in 2021 include an accommodative Fed, housing market strength, and a weaker US dollar, the note said.
• Visit Business Insider’s homepage for more stories.

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President-elect Joe details ⇒

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