GOLDMAN SACHS: Buy these 45 'global-facing' stocks set to benefit from the worldwide growth boom as the pace in the US begins to slow Summary List Placement US GDP growth is likely to peak this quarter and decelerate throughout the rest of the year as fiscal stimulus and economic reopening tailwinds reach their maximum impact and begin to dwindle away, according to Ben Snider, a strategist at Goldman Sachs. While many nations in the world suffered heavy economic losses and struggled to kick-start activity after the coronavirus triggered a global economic downturn, the US was able to grow robustly from the beatdown. In the third quarter of 2020, US GDP grew at an annualized rate of 33.1% thanks in large part to businesses reopening and an increase in consumer spending. "Although our economists believe the pace of US economic growth will peak in the next month or two, their 2Q forecasts for economic growth remain substantially above consensus estimates," Snider wrote in a note to clients on Wednesday. "In addition, they expect core PCE inflation will temporarily surge above the Fed's 2% target. Both of these catalysts should benefit cyclical stocks.