Goldman Sachs (GS) executive says private markets clients ‘glad’ for Iran war ‘distraction’, FT reports
Newsquawk Staff ·
- Says that some of Goldman’s clients “are quite resilient” and “have lived through episodes that are similar in some ways”.
What it means
The comment from Goldman Sachs suggests that certain clients are using geopolitical tensions, like the Iran war, to reassess their investment strategies, viewing these events as market distractions rather than detrimental threats. This perspective could indicate confidence in broader market resilience, which might influence trading strategies, particularly in equities and commodities that are susceptible to geopolitical risks.
Sources
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Newsquawk US Daily Equity Opening News - SKHY surges after op profit beat; NXPI & STX down after results
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- UK Budget, 28th October 2026: An uneventful budget expected, but the reaction risks are skewed negative
- Phillips 66 (PSX) Q3 2026 (USD): Adj. EPS 14.08 (exp. 11.73)
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