Goldman Sachs The Markets Staying long US assets
17 snips
Jun 13, 2025 Recent inflation data shows less concern, painting a positive economic picture backed by employment growth. Investors are navigating a resilient market amidst geopolitical tensions, weighing risks carefully. The dollar's stability and interest rates play a crucial role in the U.S. investment outlook, advocating for diversification. Additionally, the discussion touches on the impact of external shocks on trade and the lighthearted side of summer activities, including enjoying a game at Yankee Stadium.
AI Snips
Chapters
Transcript
Episode notes
Inflation Progress Toward 2% Target
- Inflation data is showing progress toward the 2% long-run target after pandemic disruptions.
- Single data points on inflation should not be over-interpreted as they fit a positive big picture trend.
Inflation Behaviour and Recession Outlook
- Higher prices often reduce consumption through abstention, affecting inflation dynamics.
- Current economic indicators and low unemployment suggest recession risk remains low.
Market Resilience Amid Worries
- Markets tend to gravitate toward a sensible equilibrium despite ongoing worries.
- Current walls of worry include trade tensions and fiscal deficits, which investors are learning to look beyond.