… 1983 1987 1991 1995 1999 2003 2007 2011 2015 Data through 2015. Source: Investment Strategy Group, OECD. Exhibit 35: Goldman Sachs US Current Activity Indicator Economic activity accelerated in the second half of 2016. Annualized % Change 3.0 25 Z5 1.6 0.0 + Average: Janu...
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…roeconomic framework, and there can be no assurance the forecasts will be achieved. Source: Investment Strategy Group, Goldman Sachs Global Investment Research, Bloomberg. * 2016 real GDP is based on Goldman Sachs Glo. ** The US policy rate refers to the top of the Fe ** For Eur...
…rospective buyers of new homes. Source: Investment Strategy Group, Datastream. Exhibit 38: US GDP Growth Impulse from Goldman Sachs Financial Conditions Index The persistent drag from tight financial conditions over the last two years should reverse in 2017. Percentage Points...
…0% to 2.7x, which is more than twice the increase for hedge funds’ overall net exposure during the same period (source: Goldman Sachs). Based on discussions with the Street, it appears that this short exposure has been expressed via ETFs, regional utility indices or large bellwe...
Investment Soeaian achs Management Important Information Division Tax Information. Goldman Sachs does not provide legal, tax or accounting advice. You should obtain your own independent tax advice based on your particular circumstances. No Distribution; No Offer or Solicitatio...
…ccounting officer Richard Causey, former Tyco general counsel Mark Belnick and film director Roman Polanski, as well as Goldman Sachs CEO Lloyd Blankfein. But if you do have to call him, here’s a bonus: he’s one of the most interesting, engaging lawyers you’ll ever meet. Weingart...
Disclaimer UBS CIO WM Research is published by Wealth Management & Swiss Bank and Wealth Management Americas, Business Divisions of UBS AG (UBS) or an affiliate thereof. In certain countries UBS AG is referred to as UBS SA. This publication is for your information only and is no...
Disclaimer This document has been prepared by UBS AG, its subsidiary or affiliate ("UBS"). The information is intended as a general market commentary and provided solely for marketing and information purposes. Opinions expressed herein are those of UBS Wealth Management & Swiss...
Jeffrey Sachs on the End of American Supremacy Last month we were joined onstage by the University of Columbia economics professor Jeffrey Sachs, as he laid out his radical new vision for U.S. foreign policy. Instead of a world where America reigns as the sole superpower, Sachs...
…e House, observed Henry Kissinger, “it is a war between the Jews and the non-Jews.” OOK Ok For Dina Powell, the other Goldman hire in the West Wing, the main consideration when Ivanka pitched her on coming to work at the White House was the downside assessment of being associat...
OF SECURITIES REGULATIONS (THE "REGULATIONS’). IT SHOULD NOT BE DISTRIBUTED TO ANY OTHER PERSON, OR RELIED UPON BY ANY OTHER PERSON. THE CAPITAL MARKET AUTHORITY DOES NOT TAKE ANY RESPONSIBILITY FOR THE CONTENTS OF THIS MEMORANDUM, DOES NOT MAKE ANY REPRESENTATION AS TO ITS ACCU...
PRAISE FOR The 4-Hour Workweek “It’s about time this book was written. It is a long-overdue manifesto for the mobile lifestyle, and Tim Ferriss is the ideal ambassador. This will be huge.” —JACK CANFIELD, cocreator of Chicken Soup for the Soul®, 100+ million copies sold “Stunnin...
Asian equities (ex-Japan) MSCI Asia ex-Japan (27 June): 469 (last month: 466) UBS View MSCI Asia ex-Japan (6-month target): 515 ¢ The region continued to show high volatility last month, with its P/BV temporarily close to 2008 lows. ¢ Hong Kong and Singapore markets’ domestic fu...
JAN 01.27.2017 ECONOMICS: US PERSPECTIVES NATIONAL DEFENSE: IS ANOTHER SPENDING BOOM ON THE HORIZON? + Joseph G. Carson, US Economist and Director—Global Economic Research, [email protected] President Trump has promised to increase defense spending—and there’s support from...
rules. Bank of America Merrill Lynch International Limited, Frankfurt Branch (BAMLI Frankfurt) distribu This research report has been prepared and issued by MLPF&S and/or one or more of its non-US affilia responsibility for research reports of its non-US affiliates distributed to...