Watch: Goldman Sachs Monthly Spotlight | June 2023
Despite persistent uncertainty, our June Spotlight update features some encouraging trends, including decelerating inflation, a possible pause in the Fed’s hiking cycle, and a better-than-expected climate for corporate earnings. Immanuel Tan from Workplace and Personal Wealth Portfolio Strategy details:
- How the headline inflation rate has reached its lowest year-over-year level since early 2021.
- Fed Chair Jerome Powell’s views on the likelihood of a soft landing for the economy.
- Why the Fed might pause its rate-hiking cycle this month.
- Why corporate earnings, which beat first-quarter expectations, may continue to improve.
- What market prices can tell us about recession concerns.
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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