GSEU News and Press, Goldman Sachs ActiveBeta Europe Equity From 05/22/23

2023-05-22 21:15:00 ET Summary The S&P 500 Index made a new high for 2023 last week while its cousin – the S&P 500 Equal Weighted Index – was actually down for the year at the lows of last week. With Republicans walking out of debt ceiling negotiations last F...

2023-05-21 04:33:00 ET Summary In a surprise to many investors, European equities have advanced sharply over the past several months, including significant outperformance relative to U.S. stocks. The improved backdrop for European markets reflects a confluence of factors, includin...

2023-05-20 02:05:00 ET Summary Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. Wednesday is the main event as the Minutes could provide some hints that some policymakers are ready to pause tightening. Next week is bi...

2023-05-18 12:50:00 ET Summary April's surveys pointed to better-than-anticipated performances, beating expectations in all four major economies. US output rose for a third successive month and at the fastest rate for 11 months as growth accelerated in both manufacturing and servi...

2023-05-17 14:27:00 ET Summary The impact of aggressive rate hikes on economic growth. Have central banks turned a corner in their fight against inflation? Are central banks still in control of the process as financial conditions tighten? Tightening financial...

2023-05-16 23:05:00 ET Summary The Federal Reserve’s latest 0.25% interest rate hike has likely capped one of its most aggressive policy-tightening cycles in 40 years. Core inflation, which excludes the more volatile energy and food prices, remains historically high, but ha...

2023-05-16 00:25:00 ET Summary Weakness in credit markets in the form of wider spreads and the primary market struggling begs the question of what is driving the recent weakness in credit markets. The answer to the question seems to be a combination of many smaller factors, includ...

2023-05-14 08:00:00 ET Summary European equities have been a surprise out-performer in 2023. This momentum has been a welcome sign for investors in the region, and there is a chance it could continue. Key factors include below-average valuations, well-capitalized banks, and higher...

2023-05-13 22:44:00 ET Summary Growth in Europe’s advanced economies will slow to 0.7 percent this year from 3.6 percent last year while emerging economies (excluding Türkiye, Belarus, Russia, and Ukraine) will also see a sharp decline to 1.1 percent from 4.4 percent. ...

2023-05-13 10:00:00 ET Summary The global economy’s gradual recovery from both the pandemic and Russia’s invasion of Ukraine remains on track. China’s reopened economy is rebounding strongly. Supply chain disruptions are unwinding, while dislocations to en...