GSC News and Press, Goldman Sachs Group, Inc. ZC SP REDEEM 08/05/2037 USD 50 - Ser B From 06/27/22

We remain cautious in equities, but in fixed income, investors now have more yield and credit spread to work with. We think that the Federal Reserve’s rate hikes for this cycle are becoming increasingly priced into the yield curve. Our fixed income team has stress-tested fo...

Earnings for the S&P 500, according to Howard Silverblatt’s work at S&P, are expected to rise 7.7% in 2022. Growth stocks were grossly overvalued going into that bear market and they took the brunt of the damage. Real estate did well last week with rates falling bac...

In a more fractured world, we believe governments and corporate decision-makers will increasingly focus on searching for safety and building resilience. Looking forward, rather than reaching for yield, we believe that investors will be reaching for resilience in their portfolio constr...

Success in investing over the long term isn’t just about picking winners. By adopting a balanced diversified approach, your portfolio stands a better chance of achieving a stable return over time. In a rapid rising environment for equity markets, we expect fixed income to u...

The Fed's surprise 75 basis point hike last week blew Treasury yields out, with a small reversal at the end of the week. Such a reversal is typical after large moves. Risk-free rates are literally the simplest instrument to price in finance, and so the rates market ends up being close...

The Federal Reserve panicked last week and spooked investors into the worst week for stocks since the onset of COVID in March 2020. For bonds to rally, we need rates to fall and that will only come with better inflation news and/or weaker economic data. It is a very uncertain time...

The combination of high and rising global inflation and the Russia-Ukraine war has been driving commodities higher. Continued supply constraints from the Russia-Ukraine war and a resurgence in China’s economy will most likely support commodity prices for the rest of this year a...

We could all be on the cusp of the most deadly inflation the world has ever experienced, due to a unique setup of global forces that have the power to accelerate that into happening in a surprisingly short amount of time. There is an obvious back channel by which inflation from Fed mo...

The year-over-year change in core CPI peaked in March and is coming down, albeit slower than we’d all like to see. The economy is slowing in some areas and inflation is still high but probably peaking. Bond yields are starting to look pretty attractive relative to stock div...

If you are an investor and sell every time your perception of uncertainty rises, you will avoid risk, but you will also miss opportunities. Our heightened state of awareness about uncertainty has us focused on the negative outcomes, assuming the worst-case scenarios will be realized. ...