Insights on the global economy, markets and topics related to our business.
Goldman Sachs’ Benny Adler, co-head of the Americas Franchise Trading team, explains the supply-and-demand dynamics behind the “unprecedented" amount of equity issuance.
Amid concerns that Europe and China are facing economic and demographic headwinds similar to those responsible for Japan’s decades-long period of anemic growth, we sat down with Naohiko Baba, Goldman Sachs Research’s chief economist for Japan, to discuss how Japan is coping with its challenges and takeaways for other countries that are at risk of ‘Japanification.’
With fiscal stimulus and accommodative monetary policy buoying the U.S. economic recovery, prominent economists from former Treasury Secretary Lawrence Summers to former IMF Chief Economist Olivier Blanchard have raised concerns that the U.S. economy could be headed for inflationary overheating. In the latest episode of Exchanges at Goldman Sachs: Top of Mind, host Allison Nathan weighs these reflation risks in conversations with the firm’s chief economist Jan Hatzius and GS Research’s senior markets strategist Dominic Wilson.
Amid the accelerating economic recovery, the largest US fiscal stimulus outside of war times and the Fed’s commitment to keep monetary policy very easy until higher inflation is sustained have stoked concerns that the US economy is set to overheat, sending US inflation expectations and bond yields higher.