The Markets

Brian Garrett, Head of the equity execution team, discusses the impact of weak GDP data and earnings reports on investor response. He emphasizes the expectation for ongoing equity volatility, attributing it to market factors and high expectations on AI tech stocks. The podcast also dives into the influence of AI companies on market rallies, the effect of rising treasury yields, and the importance of dissecting GDP data for market analysis.

Global head of trading strategy, Josh Schiffrin, discusses contrasting central bank policies, market sentiment shifts amid geopolitical tensions, and upcoming data impact analysis in the markets.

Alexandra Wilson-Elizondo, Co-chief investment officer of Multi-Asset Solutions in Goldman Sachs Asset Management, discusses rebalancing portfolios amidst a soft landing. Topics include AI impact, European and Japanese economies, and constructing robust portfolios with themes like digitization and demographics.

Kerry Blum, global head of the Equity Strategy Group at Goldman Sachs Asset & Wealth Management, delves into managing risk amid rising volatility. Topics include strategies like collars for non-executive investors, navigating market highs with clients, implications of the IPO market restart, and analyzing recent S&P performance and market watch areas.

Lizzie Reed, Global head of equity syndicate desk in Global Banking & Markets, discusses the strong start of IPOs in 2024, driven by investor participation and improved sentiment. The podcast explores global IPO trends, central bank policies' influence on market conditions, and opportunities for investors in Q2 to capitalize on upcoming opportunities.

Discussion on how global markets are reacting to recent central bank decisions, such as Bank of Japan raising interest rates after 17 years and US Federal Reserve's stance on inflation data. Exploration of market responses to rate cuts, future policy rates, and upcoming economic data like February PCE data in the US.

Tech investors are looking beyond AI to explore small caps and non-profitable tech. They discuss the impact of inflation on tech assets and market trends like the equal weighted S&P 500 hitting new highs. The focus is on semiconductors and software, with increased investor interest influenced by market factors like interest rates. Mention of upcoming events such as a semiconductor conference and the Federal Reserve meeting reflecting changing market sentiments.

Exploration of recent record highs in stock indices such as S&P 500 and Nasdaq, along with insights on gold trading. Analysis of market reactions to Fed rate cuts, data trends, and advice for investors focusing on caution in risk assets. Discussion on market discipline, economic data analysis, and advantages of asset-backed deals in a disciplined market.

Exploring the shift from inflation fears to growth shocks as a market driver, with insights on market sensitivity to data and core inflation expectations. Discussion includes strategies for navigating the transition phase, the impact of upcoming US labor market reports, and the influence of global market trends on investor portfolios.

Tech stocks are driving equities to new highs with a focus on artificial intelligence. The episode analyzes market risks, S&P 500 influence, price targets, inflation indicators, and upcoming earnings reports. A call to action is made for listeners to delve deeper into insights on GS.com