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Goldman Sachs economist urges spending cuts as bond yields climb

Original: goldman

Goldman Sachs is in the news from several angles. Strategist TimToo big—stick to facts: Goldman strategist calling for spending cuts as government bond yields and borrowing costs rise, and an analysis suggesting Goldman Sachs Group stock could be undervalued by around 21% amid focus on bond issuance. The bank is also reported as bullish on Stagwell while staying cautious on Havas over growth prospects.

Why now: Rising bond yields and government borrowing costs have put Goldman's spending-cut call and valuation in the spotlight.

Goldman SachsTim GutmanStagwellHavas

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