GSEU News and Press, Goldman Sachs ActiveBeta Europe Equity From 07/26/23

2023-07-26 06:05:00 ET Summary While S&P Global Market Intelligence's global real GDP growth forecast for 2023 is unchanged at 2.4%, this masks regional divergence. From a cycle high of over 8.0% in September 2022, global consumer price inflation has fallen to an estimated 4.7...

2023-07-26 04:30:00 ET Summary I expect the Federal Reserve to raise rates one more time this week before finally ending this long and grueling rake hike cycle. Many expect the Bank of Japan to alter its yield curve control policy, but I’m skeptical that it will happen at t...

2023-07-26 01:56:00 ET Summary In 2022, North America and Western Europe scored highest on the democracy index, and Middle East and Africa scored the lowest. Much of Western Europe, Australia & New Zealand and Canada/United States fall into the least corrupt category, but corr...

2023-07-25 11:15:00 ET Summary Market momentum dominated headlines in the United States in Q2, largely driven by mega-cap technology amid enthusiasm around AI. While US outperformance was narrowly led by a handful of stocks, performance outside the US was broader, particularly in ...

2023-07-25 08:30:00 ET Summary Markets have a distinct Goldilocks feel about them at the moment. This is a story about two trends; easing inflation and economies which are, well… neither too hot nor too cold. The economic backdrop to the downshift in inflation pressures rem...

2023-07-25 04:47:00 ET Summary The seasonally adjusted HCOB Flash Eurozone Composite PMI Output Index, based on approximately 85% of usual survey responses, dropped from 49.9 in June to 48.9 in July, its lowest since last November. The dearth of new orders meant backlogs of work f...

2023-07-25 02:35:00 ET Summary Higher interest rates soon would prevent more economic pain later. The European Central Bank could prevent inflation expectations from becoming unmoored and drifting upwards by continuing to raise its policy rate. A further tightening of monetary...

2023-07-24 13:10:00 ET Summary The European Central Bank looks set to hike rates by 25bp on Thursday. With the bleak economic outlook and disinflation gaining traction, however, the end to rate hikes is near. For the ECB, the focus on actual inflation dynamics rather than bein...

2023-07-23 09:15:00 ET Summary Despite resilient U.S. growth, the foundations have been laid for a short and shallow recession later this year. Notably, as a U.S. recession will likely be short and shallow, any equity pullback will likely be short and shallow. The following recove...

2023-07-21 21:20:00 ET Summary The Fed is going to raise rates on Wednesday and seems poised to be noncommittal with what they will do in September. Last week, China’s top policymakers announced a slew of broad-based plans to boost consumer spending and support for private ...