Ben Snider and Peter Callahan discuss the concentration of the US stock market on the podcast. They analyze the dominance of tech stocks, market bubbles, valuation metrics, and the risks associated with the largest US stocks. The conversation highlights the implications for investors and the importance of understanding the current market environment.

After a sharply disappointing performance in 2022, tech stocks are roaring back. But is the latest revival just a short-term blip? Or is there a new growth phase ahead for the tech sector? In this episode, Ben Snider, a senior strategist in Goldman Sachs Research, and Peter Callahan, who covers the tech sector for Global Banking & Markets, break down big tech earnings, new developments like generative AI, and the risks investors are focused on. 

What do the Fed’s recent hike and corporate earnings mean for markets? Ben Snider, senior strategist on the US Portfolio Strategy macro team in Goldman Sachs Research, joins our latest episode of The Markets, a new weekly podcast from Goldman Sachs Exchanges.

Mohamed El-Erian, President at Queens' College Cambridge, discusses the resilience of the economy in absorbing shocks. Mark Cabana from BofA shares insights on anticipated Federal Reserve rate cuts and their implications for markets. Ben Snider of Goldman Sachs highlights potential earnings upside while analyzing the dynamics of equity markets and margin expansion. Together, they navigate the complexities of interest rates, market volatility, and the evolving economic landscape.

Ben Snider, an economic strategist, and Tina Fordham, a leading political analyst, delve into the intersection of finance and global politics. They discuss the dynamic trends affecting equity markets, particularly the influence of AI on revenue growth. The conversation shifts to the critical role of Ukraine in international relations and its implications for political stability. Additionally, they analyze the rising geopolitical risks from recent conflicts and how these events impact inflation and financial yields in the current economic landscape.