Welcome to our exchanges at Goldman Sachs Markets update for Friday, May 8th.

Each week we check in with leaders across the firm to get their quick take on what they're watching in markets.

I'm Jake Seeward,

Global Head of Corporate Communications here at Goldman.

And my guest today is Jen Roth,

who's the head of Emerging Markets International Sales

and Foreign Exchange Sales teams here in New York.

We last had Jen on the program back in January.

Welcome back, Jen.

Thanks, Jake, it's great to be back.

You know, I was just thinking, it's amazing that last time we sat down

to do one of these was the end of January and you

asked me the one number I was looking at and at the time it was a number of confirmed COVID

cases in the US. We had five confirmed COVID cases and no person to person transmission it's amazing how much has

changed since then.

It is indeed.

What's the top story in markets that you're watching this week Jen?

Given my background in emerging markets, specifically in Latin America,

I've been closely watching the spread of COVID-19 across Latin America,

given there's still a few weeks away from the peak,

and each country's response to the health crisis has been quite different.

In Argentina, the government enacted a strict lockdown early on, which has lifted the

...