This is exchanges at Goldman Sachs where we discuss developments currently shaping markets, industries, and the global economy.

I'm Jake Seeward, Globalhead of Corporate Communications here at the firm.

We're working to provide timely and valuable updates around the COVID-19 epidemic and its impact on markets and the economy.

To that end today we're sharing a market update call that was hosted this morning by

investment banking division.

The speakers you'll hear are John Waldron,

Goldman Sachs president and chief operating officer.

Jan Hatzius, our chief economist,

Peter Oppenheimer, our chief equity strategist,

and Susie Shearer and Dennis Coleman, who run the global financing group for our investment banking division.

The conversation was moderated by our co-heads of investment banking, client coverage, Matt Gibson, and Anthony Gutman.

Now, over to that discussion.

I hope you find it informative.

Good morning and good afternoon to everyone on the line.

We're delighted to welcome you to today's market update call.

My name is Anthony Gutman,

and alongside Matt Gibson, we run our global client

coverage for investment banking at the firm.

Let me start by saying that we hope that your families

and your colleagues and of course, you are safe and well as we

seek to navigate this unprecedented crisis. The purpose of this call is to

provide some perspective as to how we see the current environment, the market

...