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Watch: Goldman Sachs Monthly Spotlight | May 2023

Individuals 05.04.2023

Our Spotlight update for May focuses on slowing inflation, the progress of the Fed’s current hiking cycle, first-quarter earnings reports, and the upcoming Federal debt-ceiling deadline. Immanuel Tan from Workplace and Personal Wealth Portfolio Strategy reviews:

  • How April’s slowdown in headline inflation may indicate that the US economy is cooling.
  • How recent banking-sector turmoil has likely affected the Fed’s tightening cycle.
  • Whether resilient economic data and corporate cost-cutting can offset current headwinds.  
  • How lower tax receipts could push the timing of the Federal debt ceiling. 


If this update sparks any questions about your personal situation, contact your Goldman Sachs Ayco advisor.


Interested in learning more about Goldman Sachs Ayco financial management for executives? Contact us today.


Workplace and Personal Wealth services are provided by United Capital Financial Advisers, LLC d/b/a Goldman Sachs Personal Financial Management (“PFM”) and The Ayco Company, L.P. d/b/a Goldman Sachs Ayco Personal Financial Management (“Ayco”).