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Bloomberg Surveillance

Surveillance: Goldman CEO: Bumpy Times Ahead

Bloomberg Surveillance

Bloomberg

Business, News, Investing, Business News

3.81.2K Ratings

🗓️ 6 December 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

David Solomon, Goldman Sachs Chairman & CEO, says pay is set to fall as there are 'bumpy times ahead.' Andrew Hollenhorst, Citi Chief US Economist, says the likelihood of a soft landing is low. Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist, says this year comes down to positioning. Edward Morse, Citigroup Global Head of Commodity Research, says it will be painful if oil hits $65. Brian Deese, National Economic Council Director, discusses Biden's trip to the TSMC plant in Arizona.  

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Transcript

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0:00.0

Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic

0:05.9

headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking

0:11.4

Investor. Join us as we re-examine the past, present-day opportunities and future possibilities

0:18.3

in global capital markets. The Outthinking Investor, an award-winning

0:23.2

podcast from PGIM. This podcast is intended solely for professional

0:27.1

investor use. Past performance is not a guarantee of future results. This is Paul Sweeney, here

0:31.3

to tell you about another podcast you should be listening to. The tape. Join us every

0:35.1

weekday as we bring you detailed analysis of the day's Wall Street action from Bloomberg

0:39.2

Intelligence and Bloomberg Opinion, a conversation with influential newsmakers.

0:43.0

There's absolutely nothing wrong with having some cash on the sideline you're leaning

0:46.6

pretty hard toward equity. Because of all the dislocations, there's always relative

0:51.5

value trades that you can be doing. Subscribe to the tape today on Apple, Spotify.

0:55.8

Bloomberg.com or wherever you get your podcast.

1:04.8

Welcome to the Bloomberg's surveillance podcast, I'm Tom Keane, along with Jonathan Ferrell

1:10.2

and Lisa Abramowitz. Daily, we bring you insight from the best and economics, finance,

1:15.9

investment and international relations to find Bloomberg's surveillance. An Apple

1:20.9

podcast, SoundCloud, Bloomberg.com, and of course, on the Bloomberg terminal.

1:28.8

We welcome you with Shanali Basak in a conversation with Goldman Sachs, Chief Executive Officer

1:35.4

David Solomon. We know that the gentleman from Hamilton College applied to Goldman Sachs

1:40.7

a few years ago, Shanali, and was rejected. That rejected was swept aside over the years

1:47.4

and the investment banker replacing Lloyd Blankfein about four years ago leads Goldman

1:52.9

Sachs forward into 2023. At their conference, our Shanali Basak.

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