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

Chart of the Week: Protecting on the Downside

Given the multiplicity of factors elevating uncertainty in today’s environment, we are reminded that in order to fully recover a -35% loss, a portfolio must subsequently return +35% and then an additional +14%. The hurdle for recovery from large losses is high. While risk assets may still be attractive, portfolios assembled in a risk-aware manner may help to reduce volatility and narrow the recovery gap.

Source: GSAM. As of July 31, 2020.

Market Know-How

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.

Edition 2 Themes

1Passively drifting landscape.

2Short-term dislocation may present opportunities.

3A land of opportunity.

4Volatility erupting.

5Losses exist in all markets.

6Did you know...

GSAM Connect

July 24, 2020

Muni Mid-Year: Crisis Averted, Stay Vigilant

For municipal bond investors, the first half of 2020 was one for the history books: record outflows in March, followed by a big rebound in the second quarter. We still see opportunities for investors in the second half.

July 22, 2020

The Role of Core Fixed Income: This Time is Not Different

The Covid-19 shock is unprecedented in many ways. But when we analyze asset class behavior during historical periods of equity market drawdowns, we can see that core fixed income has exhibited similar characteristics over many decades of crises. We believe it is not different this time.

July 14, 2020

Leading a Virtual Team During COVID-19

Leading a virtual team can be challenging, no matter the circumstances. But the global pandemic makes it even more so.

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

More Market Strategy

August 2020

Monthly Market Pulse: August

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

December 2019

Market Know-How: One Mississippi, Two Mississippi...

Many market observers in 2019 believe they have witnessed cyclical warning signs which start the countdown to the next recession. We believe a recession is not a foregone conclusion.

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

July 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.