Marc Gutman, CEO of Goldman Sachs International, is pressing governments to reduce spending to bring down higher borrowing costs. Critics raised concerns, arguing the position favors wealthy interests over public services.
Separately, Goldman analyst Bobby Molavi flagged that major stock indexes seem steady on the outside but conditions beneath the surface are worse than top-line figures suggest. The S&P 500 may seem fine, but Molavi says the market beneath that level tells a different story.