Market Insights

MARKET STRATEGIST INSIGHTS 1 of 2

PORTFOLIO MANAGER INSIGHTS 2 of 2

Market Strategy

Complex markets can be difficult to decipher. We provide investment professionals and their clients with a global perspective to help explain the issues and trends affecting their portfolios.

Chart of the Week

2020 Vaccine Race

Superforecasters at the Good Judgement Project see a 68% probability of mass-distributing an FDA-approved vaccine by Q1 2021, up from 40% just three weeks ago. While the risk of delays and challenges exist, we believe the prospect of US vaccine deployment by early 2021 appear promising.

Source: Good Judgment Project, GIR, and GSAM. As of September 10, 2020.

Market Know-How

Breaking Out from the Outbreak

Economic evidence suggests that through relatively low-cost face masks and targeted physical distancing measures, economies can recuperate while vaccines and treatments are developed. From an investment perspective, we think this unprecedented moment validates the lessons of strategic discipline, risk management and quality.

Edition 3 Themes

1From the great reset.

2Change in leadership.

3When defense is offense.

4Lower for longer.

5 Then and now.

6Meet in the middle.

GSAM Connect

September 22, 2020

Can the Equity Growth Spurt Last?

When a rubber band is stretched to its extremes, it often snaps back on its holder to its natural form. But sometimes, it simply becomes a bigger band. In the equity market, recent demand for growth over value is similar—it may feel stretched, but we do not expect a permanent snap back in the near future.

September 11, 2020

Five Reasons to Consider Bank Loans in Today’s Market

Interest rates remain historically and persistently low, which has weighed on investor demand for floating rate assets, including leveraged loans (“bank loans”). Despite low interest rates, we believe bank loans can provide investors with attractive and differentiating qualities. In the current environment, we see a number of reasons to invest in the loan market: 1) Low rates ≠ low yields, 2) Valuations provide attractive compensation for credit risk, 3) Loans offer advantageous capital structure positioning from senior secured exposure, 4) Supply/Demand dynamics are supportive, and 5) Loans have historically offered superior risk-adjusted returns.

September 01, 2020

Inflation – Are We There Yet?

Will the COVID-19 pandemic drive us into a higher inflation regime? This is a key unresolved question facing investors. In this publication GSAM economists discuss potential reflationary developments and disinflationary factors.

Stay posted on the latest market developments and key themes for your portfolios and practices

More Market Strategy

September 2020

Monthly Market Pulse: September

Monthly recap of global markets, thought leadership, and investment themes from across Goldman Sachs.

May 2020

Riding the Storm Out

The consequences of COVID-19 will not be equally distributed. Our forecast is for the sudden deceleration in economic activity to be most acute in the second quarter, followed by a resurgence in growth.

View more perspectives on the latest market developments and trends

Stay Informed and Be Ahead of the Curve

MARKET MONITOR

Weekly views from senior Goldman Sachs economists and strategists

MARKET KNOW-HOW

Triannual insights on market conditions and timely investment ideas

MARKET PULSE

Monthly market commentary coupled with insights on portfolio construction

GSAM CONNECT

Posts on the latest market developments and key themes for your portfolios

MANAGE SUBSCRIPTIONS

Asset Class Views

Access the latest views from our product teams on macro strategies and browse insights by key topics, such as equities, fixed income, money markets and alternatives.

How High to Hike

Our portfolio manager discusses how machine learning interprets investor sentiments and extracts topical subjects

LEARN MORE

August 2020

Global Fixed Income Weekly

Each week the Fixed Income team releases its views on macro strategies including duration, country, cross macro and currency, and sector strategies such as securitized debt, corporate credit and emerging markets debt.

GOLDMAN SACHS RESEARCH

Follow trends in the global economy, including policy issues and analysis of economic development from Goldman Sachs Global Investment Research.