Goldman Sachs economists and experts share insights on macro trends shaping the global economy in 2022.
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David Solomon on the Firm’s Performance, the Global Economy and What to Expect in 2022
In the latest episode of Exchanges at Goldman Sachs, Goldman Sachs Chairman and CEO David Solomon shares his thoughts on the year ahead and what he expects for the global economy, markets and corporate activity.
Investment Strategy Group's Outlook 2022: Piloting Through
In 2021, the US economy showed its resilience and US equities outperformed once again, supporting the Investment Strategy Group’s long-held tenets of US Preeminence and Staying Invested. While risks have risen, we expect a favorable economic backdrop to continue to support equities this year.
What’s Next for M&A?
The record wave of M&A activity that we witnessed in 2021 is showing no signs of slowing as we turn the page on a new year. Goldman Sachs’ Stephan Feldgoise and Mark Sorrell, co-heads of the global mergers and acquisition business in the Investment Banking Division, explain the drivers behind the deal-making activity and the outlook for 2022.
Latest
The US Economy Is Poised to Slow as the Fed Taps the Brakes
The Federal Reserve is tapping the brakes on U.S. economic growth, which could help bring down inflation and temper the most overheated job market in postwar American history, according to Goldman Sachs Research.
Will the US go into recession?
Can the Federal Reserve slow the U.S. economy enough to bring down inflation without causing a recession? It’s a delicate balance, but there are several reasons that it could be more achievable than in the past, according to economists at Goldman Sachs.
Stagflation Risk
As 2022 continues to unfold, two major growth risks loom large against a backdrop of alarmingly high inflation—the prospect of a Fed policy mistake, and of a sizable disruption in the Euro area's energy flows. How policymakers navigate these risks, and their growth and market consequences, are Top of Mind.
The Case for Commodities: ‘Super-Backwardation,’ Structural Demand and Inventory Shortages
In this episode of Exchanges at Goldman Sachs, Jeffrey Currie, global head of Commodities Research in Goldman Sachs Research, discusses why he believes commodities are entering a supercycle and how the current geopolitical landscape is shaping commodity markets.
Moving to Seven Rate Hikes in 2022
Following the strong CPI print on February 10th, Goldman Sachs Research is raising their Fed forecast to include seven consecutive 25bp rate hikes at each of the remaining FOMC meetings in 2022 (vs. five hikes in 2022 previously). They continue to expect the FOMC to hike three more times at a gradual once-per-quarter pace in 2023Q1-Q3 and to reach the same terminal rate of 2.5-2.75%, but earlier.
What’s Ahead for the Housing Market
In this episode of Exchanges at Goldman Sachs, Douglas Yearley, Chairman and CEO of Toll Brothers, and Terry Hagerty, Goldman Sachs’ co-head of Homebuilding and Building Products, discuss the outlook for the housing and home building market in 2022.
Piloting Through: Why Investors Should Stay the Course
In this episode of Exchanges at Goldman Sachs, Sharmin Mossavar-Rahmani, head of the Investment Strategy Group and chief investment officer for the Consumer and Wealth Management Division discusses the investment themes outlined in ISG’s 14th annual investment outlook, Outlook 2022: Piloting Through, and explains why investors should continue to stay invested.
Is 2022 the Endemic Year?
In the latest episode of Exchanges at Goldman Sachs, Jeffrey Shaman, Director of the Climate and Health Program at Columbia University’s Mailman School of Public Health, and Dr. Eric Topol, Founder and Director of the Scripps Translational Science Institute, discuss the rapid spread of the Omicron variant of SARS-CoV-2 and the potential shift to an endemic phase of the pandemic in 2022.
2022: The Endemic Year?
While the lightning spread of the Omicron virus variant has led to a record surge in cases globally, its more transmissible but milder nature has also raised the question of whether it’s ushering in a more manageable, endemic phase of the virus in 2022.
Asset Management: Investment Ideas 2022
Explore Goldman Sachs Asset Management's key themes of 2022 and the potential sources of attractive returns they could create.
US Economics Analyst: 10 Questions on the Political and Policy Outlook for 2022
Will Congress pass any reconciliation package this year? Will Democrats maintain control of Congress after the November midterm elections? Goldman Sachs Research’s economists offer insight into these questions and more.
European Economics Analyst: 10 Questions for 2022
Although the renewed surge in Covid infections is likely to weigh on services activity over the winter, Goldman Sachs Research expects a more manageable hit to European economic activity than last year.
Asia Economics Analyst: Ten questions for 2022
Regional growth will decelerate this year, but should remain above trend in many economies.
David Solomon on the Firm’s Performance, the Global Economy and What to Expect in 2022
In the latest episode of Exchanges at Goldman Sachs, Goldman Sachs Chairman and CEO David Solomon shares his thoughts on the year ahead and what he expects for the global economy, markets and corporate activity.
Investment Strategy Group's Outlook 2022: Piloting Through
In 2021, the US economy showed its resilience and US equities outperformed once again, supporting the Investment Strategy Group’s long-held tenets of US Preeminence and Staying Invested. While risks have risen, we expect a favorable economic backdrop to continue to support equities this year.
Global Views: Earlier Runoff, Four Hikes
Chief Economist Jan Hatzius discusses the Omicron variant's effect on the economic outlook for 2022, and how persistent inflationary pressures could modify the Fed’s schedule for hikes and balance sheet normalization.
What’s Next for M&A?
The record wave of M&A activity that we witnessed in 2021 is showing no signs of slowing as we turn the page on a new year. Goldman Sachs’ Stephan Feldgoise and Mark Sorrell, co-heads of the global mergers and acquisition business in the Investment Banking Division, explain the drivers behind the deal-making activity and the outlook for 2022.
What’s Ahead for Global Economies and Markets in 2022?
Global economies and markets are facing a more complicated landscape amid rising rates, slowing growth and shifting monetary and fiscal policies. Goldman Sachs’ Jan Hatzius and Dominic Wilson examine what’s in store for 2022.
Inflation: Here Today, Gone Tomorrow?
As U.S. inflation hits 30+ year highs, experts debate whether the “temporary” pandemic-related inflationary pressures could prove persistent. In the latest Exchanges at Goldman Sachs episode, Goldman Sachs’ Allison Nathan speaks with Mohamed El-Erian, President of Queens’ College, Cambridge University, and Chief Economic Advisor at Allianz, and Jan Hatzius, Goldman Sachs’ Chief Economist and head of Goldman Sachs Research, for their views on where inflation goes from here—and what that means for the economy, monetary policy, interest rates and assets.
Outlook 2022: The Long Road to Higher Rates
Goldman Sachs Research says the fastest pace of the recovery now lies behind us, but there are reasons for optimism on global growth heading into 2022.