4.4 • 1K Ratings
🗓️ 1 November 2023
⏱️ 26 minutes
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0:00.0 | The US has had an exceptional decade. |
0:02.0 | US equities have outperformed to those of other regions, |
0:05.0 | the dollar's role as the global trading and reserve currency |
0:08.0 | has remained unchallenged, |
0:09.0 | and US GDP growth has exceeded that of other developed markets and has also outperformed growth |
0:14.4 | in many other economies this year. But can this run of US outperformance over the past decade |
0:19.7 | be repeated over the next decade? I'm Allison Nathan and this is Goldman Sachs exchanges. |
0:27.0 | On this special episode we're breaking down a topic that we hit on in our most recent top of mine report now |
0:34.3 | available on giz.com. We dig into whether the US equity out performance of the |
0:39.0 | last decade can continue and what that means for investors. |
0:42.9 | We speak with Rebecca Patterson, former chief investment strategist at Bridgewater Associates, |
0:47.5 | Jean Boivan, head of the Black Rock Investment Institute, and Goldman Sachs's chief global equity |
0:52.8 | strategist Peter Oppenheimer. |
0:54.8 | Patterson expects another decade of US equity |
0:57.5 | outperformance that she says will be led |
0:59.7 | by generative artificial intelligence and technology |
1:02.4 | more broadly. |
1:03.6 | A lot of people do point to the last decade as this decade of equity outperformance in the U.S. |
1:09.3 | Do you think that the pendulum is set to swing and that period of U.S. equity |
1:15.1 | outperformance is likely to end. So a lot can happen in a decade, a lot that we |
1:21.6 | can even imagine today today but when I think about the next decade in |
1:26.6 | global markets and equities in particular I think there is a very plausible scenario |
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