September 2024
Demographics = Destiny There is much discussion of the slowdown in China, with many pointing at the overinvestment in the housing market, debt, and a variety of other well documented issues. All economies are multi-faceted, so at the risk of oversimplification, we would highlight population growth as the overarching long-term issue. When your population is […]
August 2024
The volatility of the past few weeks marks the return of bad news actually being treated as such by the markets. For a long time, any indication economic malaise was viewed positively as it increased the odds of near-term rate cuts.
June 2024
The Goldman Sachs IPO Issuance Barometer represents a gauge for market participants to monitor if the macro environment is conducive to new IPOs.