A suddenly turbulent US equity market has traders studying technical charts for clues on where the latest bout of selling might stall out https://t.co/klNrnVHFS2 ...

A clutch of smaller companies is braving Saudi Arabia’s subdued equity market with share sales https://t.co/30Bw0I1lLu ...

30 October 2025 | 1:17PM MDT Credit Strategy Research GLOBAL CREDIT TRADER AI supply likely to fuel a re-leveraging impulse Credit vs. equities: Valuation constraints bind for USD spreads The continued AI boom: A durable supply driver for credit Favor USD IG primary for concession pickup; pursue sectors for alpha in HY Spencer Rogers, CFA +1(801)884-1104 | spencer.rogers@gs.com Goldman Sachs & Co. LLC Sara Grut +44(20)7774-8622 | sara.grut@gs.com Goldman Sachs International Shamshad Ali +1(212)902-6712 | sh ...

Market Overview & Fed Policy - A 25 basis point rate cut by the Fed is generally beneficial for the credit market [1] - The market is uncertain about future rate cuts beyond the current one [2] - Tariffs initially caused inventory pre-buying, delaying the impact on prices, but Q3 is when the impact is expected to be felt [3][4] Credit Market Conditions - Credit spreads are currently tight [4] - High yield market quality is at its best in a decade, with the highest percentage of double B and lowest percentage of triple C ratings in over 10 years [5] - Current tight spreads are considered reasonable given the current risk levels [6] Investment Strategy & Economic Outlook - Equity market valuations require significant growth, while credit offers contractual returns, making credit potentially more attractive in a slowing economy [6][7] - Contractual returns in credit are yielding approximately 7% to 8% [7] - Signs of a slowdown include consumer spending trends, particularly among low-end consumers, and rising credit card delinquencies [8][9] - The market is heading into a credit picker's market, where the ability to select good credits will be crucial [10][11] - Core high yield and loan credit below investment grade are in a relatively good position with low leverage and good liquidity [11]

We're all going to be focused on this. I haven't had data for ages. What are they going to tell us.Yeah, I mean, this is the hard bit, right. We have inflation data coming in. I think the feed through to the equity market, the main channel, is how it impacts your expectation for Fed funds.So what you tend to see is if you get a hotter than expected inflation print, that means you need a higher discount rate that impacts earnings and therefore equities to the downside. Whereas if you get a downside surprise, ...

We're all going to be focused on this. I haven't had data for ages. What are they going to tell us.Yeah, I mean, this is the hard bit, right. We have inflation data coming in. I think the feed through to the equity market, the main channel, is how it impacts your expectation for Fed funds.So what you tend to see is if you get a hotter than expected inflation print, that means you need a higher discount rate that impacts earnings and therefore equities to the downside. Whereas if you get a downside surprise, ...

Asset classes are moving unusually relative to one another, puzzling even the most seasoned equity market traders https://t.co/Nhp0l074bz ...

Core Insights - In early 2025, telecom carriers were seen as potential bright spots in the equity market as the S&P 500 declined, but this dynamic changed as the year progressed [1] Industry Summary - Telecom carriers initially showed resilience amidst a broader market downturn, indicating potential investment opportunities [1]

I want to ask about Wall Street and specifically about this equity market. I do watch our competition, and I saw your interview with Andrew. Last week you said this is like October of 1999.But after that, as you pointed out, you know, the stock market doubled. We had a drop in October, like an 11% intraday drop. But then the stock market doubled to March of 2000.Are we still in line for a doubling of this market. Well, it's so funny because you had mentioned that 54% of fund managers think that we're in a b ...

Distortions are emerging in two corners of the US equity market, as Wall Street’s obsession with derivatives-powered products reshapes the investment landscape https://t.co/B4a99uU5Gf ...