Market Insights

MARKET

INSIGHTS

A Better Balance of Risks: 2018 Mid-Year Outlook

We think the outlook for risk asset returns has improved.We are strategically pro-risk, but continue to emphasize a dynamic approach to investment as volatility re-emerges.

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.

Market Know-How

Bring the Noise

Episodic volatility has picked up and markets are abuzz with noise. We believe the backstretch of 2018 remains supportive of risk assets, but sentiment can change rapidly. A strategic commitment to risk management is key.

Edition 3 Themes

1Municipal bonds: less rate sensitive than you think.

2Rethink diversification.

3Staying private.

4Investing for impact.

5Emerging exodus.

6Chart your course.

Chart of the Week

German Autos’ GDP Head Fake

German Q3 GDP came in at -0.2% Quarter-over-Quarter (QoQ), the first negative print since 2015 – but this was no broad-based decline.

Source: Haver and GSAM. As of November 16, 2018.

GSAM Connect

November 2018

Observations on the US Midterm Elections

The US midterm elections on November 6th resulted in a divided government—the widely expected outcome—with the Democratic Party gaining control of the House while the Republican Party maintained their majority in the Senate. We believe the markets are largely priced for this outcome and the election outcome is likely to have a limited effect on market volatility.

October 2018

10 Thoughts on the October 10 Market Selloff

The ten key thoughts on the recent selloff, many of which discuss factors that extend beyond a single day’s move.

October 2018

EM Viewpoints – Short Term Pain, Long Term Potential Gain

Despite the bouts of market volatility in EM equities this year, we believe the long-term fundamentals remain robust. A stronger macroeconomic backdrop should in turn drive earnings growth, which has historically been the predominant driver of EM equity performance over the long term.

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

More Market Strategy

November 2018

Monthly Market Pulse: November

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

Walking the Tightrope

In our view, 2018 is unfolding much like a performer walking a tightrope. Risk is considerable, but manageable, and best addressed by balance, agility, and focus.

View more perspectives on the latest market developments and trends

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.

Weathering Heights: How to Invest in 2018

How can investors weather the heights in asset valuations and the potential risks in 2018?

LEARN MORE

2018 Macro Chartbook: 3 Themes to Watch

November 2018

Global Fixed Income Weekly

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

GOLDMAN SACHS RESEARCH

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