Looking at investor returns, European equities are trailing U.S. peers while beating emerging-market stocks in 2018. As part of our closer look at emerging economic and market themes in Europe, Sharon Bell of Goldman Sachs Research discusses the factors that explain this performance, zeroing in on U.K., German and French stocks. Bell breaks down investors' preference for growth companies over value stocks that trade at cheaper prices, particularly against a backdrop of ongoing political uncertainty and a slower pace of economic growth in the region. As for her outlook for the rest of the year, Bell says European companies look poised to deliver decent earnings growth of around 10 percent in 2018 and equities' performance could improve if political concerns subside.
This podcast was recorded on August 1, 2018.
All price references and market forecasts correspond to the date of this recording.
This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this podcast does not constitute research or a recommendation from any Goldman Sachs entity to the listener. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefor (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. The views expressed in this podcast are not necessarily those of Goldman Sachs, and Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by Goldman Sachs to that listener, nor to constitute such person a client of any Goldman Sachs entity.
Copyright 2018 Goldman Sachs & Co. LLC. All rights reserved.
Following on from her essay on the future of liberalism in this week’s Economist, our Editor-in-Chief, Zanny Minton Beddoes, along with deputy editor, Edward Carr, discuss The Economist 175 years after its founding. Also, how Zambia is heading towards a debt crisis. And introducing our new China column: Chaguan. Simon Long hosts. Music by Chris Zabriskie "Cylinder One" (CC by 4.0 UK)
More Trump tariffs, how is China likely to retaliate? Historian Lord Skidelsky challenges mainstream economic ideas. And the hopes and hurdles for South Korean businesses eyeing up opportunities in North Korea. Philip Coggan hosts.
Really really really excited to refresh this episode of AskGaryVee where the main man, my father Sasha Vaynerchuk joined me on the show to answer some tactical questions about growing a business alongside me. Whether you're just starting your vlog or you're trying to deal how to scale massive growth, this is a seriously fire episode you can't miss.
The age of ideological struggle failed to end with the Cold War. Francis Fukuyama, who coined the phrase “the end of history”, talks to Anne McElvoy about the rise of identity politics, whether there is any force that can rival it, and which party is playing the identity game better in the American midterms. Music by Chris Zabriskie, “Divider” (CC by 4.0 UK)
This is a huge mashup, really explaining what I think about the bullshit that is "passive income" and how it relates to what you THINK it is. "Passive income" comes in a few forms, which I go further into in this one, expanding on what "passive income" really takes form as - this is a FIRE on to listen to today, hope u love it <3
A special episode marking the culmination of the Open Future initiative, launched this year to celebrate 175 years since The Economist's founding to remake the case for liberal ideals. Featuring contributions from James Comey, Angelina Jolie and Bjorn Ulvaeus from ABBA. Anne McElvoy hosts.
Super super excited for this episode with my close friend Beth Comstock, former Vice Chair of GE - Beth's new book is out now, so we're super excited to have her come in and talk about what it means, how she became one of the most powerful execs ever & a we answer a few questions - complete FIRE in this one Pre order Beth's book right here: https://amzn.to/2QI7A1E
Financial Services Council chief executive Sally Loane has been unable to answer certain questions about conduct in the sector and has been grilled by senior counsel assisting Rowena Orr QC. Earlier, Insurance Council of Australia chief executive Rob Whelan conceded there has been inappropriate behaviour by car sales staff in the pushing of "add on" insurance to often vulnerable consumers. ABC's Peter Ryan is covering the Royal Commission.
Beer. Burt Reynolds. Knowing when to serve others & when to stand up for yourself. What my old bulldog Oscar taught me about life. How Vaughn the Impaler's yellow lab saved his little girl. Not gonna lie...we hit a lot of topics in today's episode, but all of them will make you smile, laugh, and help you become a better person...which is the whole point of the Sunday Sermon.
This was a super cool little clip that not only demonstrates how I relate the importance of kindness & empathy to business- but also shows the way I write articles with my team, sitting down with TeamGaryVee's new writer, Raghav - some cool lessons in here I think you'll like. <3
The so-called "gurus" tell you to set attainable goals, but I don't agree with that. I think you should set huge, unrealistic goals. Because if you fall short of those goals, it's massively disappointing. Those unrealized expectations hurt & that's a good thing, because pain teaches. In fact, pain does more than teach. If we use it, it can drive us to success like nothing else can.
Allianz chief risk offer Lori Callahan admits the insurer had poor attention to compliance and customer consequences of misleading website information. Ms Callahan said there were potentially hundreds of incidents logged since 2012. Away from the Royal Commission, Dover Financial director Terry McMaster says the corporate regulator ASIC has a vendetta against him. Mr McMaster collapsed on the witness stand in May while being grilled at the Royal Commission.
International Goldman Sachs Asset Management CEO Sheila Patel joins us in the studio to discuss key trends facing investors, from where opportunities remain in emerging markets assets to the growth of ESG investing to sovereign wealth funds' shift towards transparency. "Across the board [with both legacy and new sovereign wealth funds] what you've seen go on is an increase in transparency, a realization that the level of concern about their actions or what they might be doing could lead to a potential distrust or a disruption of their activities."
This podcast was recorded on August 2, 2018.
The views and opinions expressed herein should not be construed as an offer to buy or sell any securities and such views and opinions may differ from those of Goldman Sachs Global Investment Research or other departments or divisions of Goldman Sachs and its affiliates. This information may not be current and Goldman Sachs has no obligation to provide any updates or changes. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by any Goldman Sachs entity. The portfolio risk management process includes an effort to monitor and manage risk but does not imply low risk.
Copyright 2018 Goldman Sachs & Co. LLC. All rights reserved.
As part of the Open Future festival Steve Bannon, former White House chief strategist, discusses how his economic protectionism could result in price rises for US consumers and why he thinks that’s ok. Also, are there any ultra populists in Europe too right-wing for his movement? His advice to Boris Johnson on Brexit — and his disagreements with Ivanka Trump. Anne McElvoy hosts. Music by Chris Zabriskie, “Divider” (CC by 4.0 UK)
#Sparpodden 253! Veckans gäst är Per Hansen, sparekonom på Nordnet Danmark. Vi lär oss mer om danska börsen och vad man behöver tänka på för att investera där. Danmark har väldigt många globala speciallister och är ett av Europas mest exportintensiva land. Detta blev ett riktigt bra och tidlöst avsnitt som kan vara bra att återkomma till för att förstå danska börsen och danska investerare. Avsnittet är inspelat med lugn danska så att även vi svenskar förstår.
Listen to Michael Samuels, an equities and options trader from New York City, who's primarily focused on generating outsized returns from valuation disconnects. Full show notes here: chatwithtraders.com/165
Hey Soundcloud users! I realized that a lot of you might not know who I am, so here is a little intro I just recorded to let you know who I am and what I'm all about.
It took a long time for the fork to go from weird curiosity to ubiquitous tool. How long will it take for current technologies—like the Japanese-style bidet toilet, or heads-up displays such as Google Glass—to go from oddities to everyday necessities? Guests include: Astro Teller, Google’s Captain of Moonshots; Margaret Visser, author of "The Rituals of Dinner".