Balancing Innovation & Inflation: These Are The 10 Charts That Goldman's Strategists Are Watching

In an environment shaped by residual inflation pressures, shifting growth dynamics, and the powerful but uneven forces of technological innovation, Goldman's Head of Asset Allocation, Christian Mueller-Glissmann, and Global Strategist, Andrea Ferrario, just dropped a huge 75-page Asset Allocation report (available here for pro subs) examining how investors can navigate the tension between opportunity and risk.

Drawing on macro forecasts, market pricing, sentiment indicators, and structural portfolio trends, it assesses the implications of a business cycle moving between Goldilocks and reflation regimes, elevated equity valuations driven by tech concentration and AI-related capex, and the evolving role of balanced portfolios amid higher equity allocations and changing cross-asset correlations.