Watch: Goldman Sachs Monthly Spotlight | August 2023
Our August Monthly Spotlight focuses on recent economic data and impacts of the Fed’s latest quarter-percent rate hike. Mariam Kamshad, head of portfolio strategy and investments for Workplace and Personal Wealth, discusses:
- The continued upward momentum of US equities
- Ongoing resilience of economic data despite rate increases
- The potential effects of tighter credit conditions
- Better-than-expected Q2 profit margins in early reporting
Remember, your advisor is at the ready to adjust your strategy, explain tradeoffs, and serve as a sounding board. Reach out if you have any questions or concerns about your plan. Don’t have an advisor? Start a conversation.
Workplace and Personal Wealth services are provided by United Capital Financial Advisers, LLC d/b/a Goldman Sachs Personal Financial Management (“PFM”) and The Ayco Company, L.P. d/b/a Goldman Sachs Ayco Personal Financial Management (“Ayco”).
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United Capital Financial Advisers, LLC d/b/a Goldman Sachs Personal Financial Management (“GS PFM”) is a registered investment adviser and an affiliate of Goldman Sachs & Co. LLC and subsidiary of The Goldman Sachs Group, Inc., a worldwide, full-service investment banking, broker-dealer, asset management, and financial services organization.
The information contained herein is intended for informational purposes only, is not a recommendation to buy or sell any securities, and should not be considered investment advice. GS PFM does not provide legal, tax, or accounting advice. Clients should obtain their own independent legal, tax, or accounting advice based on their particular circumstances. Please contact your financial adviser with questions about your specific needs and circumstances.
Information and opinions expressed by individuals other than GS PFM employees do not necessarily reflect the view of GS PFM. Information and opinions expressed in this article are as of the date of this material only and subject to change without notice.
