Goldman Trading Desk: This Is The Biggest Risk To Markets This Year

By Tony Pasquariello, Goldman head of hedge fund sales.

For large parts of 2022 and 2023, the basic challenge for markets was very clearly defined: the Fed was aggressively tightening into a slowdown.  

For good order’s sake, we exited last year with a different fact set: the Fed had regained control, and along the way, growth held up far better-than-feared.