Four charts outline key observations and things investors should watch out for in the US, Europe, Japan and China.
The saying ‘sell in May and go away’ refuses itself to go away.
The US is shedding excess capacity at a faster rate than most of its developed world peers, which supports our outlook for inflation to strengthen and sharpens our focus on the risk of rates volatility.
Time-series and cross-sectional analysis support our expectation for US wage growth to pick up in the near future.
We believe the balance of secular drivers over the next several years is inflationary, as a range of factors that have suppressed prices over the past decade are reaching inflection points.
Prolonged periods of EM out and underperformance relative to DM has been a reoccurring phenomenon throughout the last three decades. On the 20th anniversary of Hong Kong’s transfer, investors must again decide whether a bounce in EM assets is a temporary blip or a promising signal of prolonged outperformance.
An announcement on ECB tapering in September has moved from possible to more than probable.
Key takeaways and investment implications from the MSCI announcement.
Stay connected on the latest market developments and investment themes
Is it time to de-risk? Our portfolio managers discuss the impact of central bank policies and the implications of high equity valuations.
Michael Moran, Chief Pension Strategist at GSAM, discusses some of the frequently asked questions we have received on the impact of the US corporate tax reform on corporate defined benefit ("DB") plans.
Markets rallied following Federal Reserve (Fed) Chair Yellen's Congressional testimony. While the market focused on Yellen's dovish tone, we think her comments were consistent with views she has previously expressed. We continue to expect balance sheet normalization beginning in September and an additional rate hike in December.
Access more insights from across GSAM
Stay informed on timely views and market developments