Marc Gutman, CEO of Goldman Sachs International, is calling on governments to trim public expenditures to bring down higher borrowing costs. Critics pushed back, arguing the position benefits the wealthy over public services.
Separately, Goldman analyst Bobby Molavi flagged that major stock indexes look stable at a glance but underlying market conditions are softer than the main indexes indicate. The S&P 500 may look stable, but Molavi says the market beneath that level tells a different story.