HOUSE_OVERSIGHT_026894.jpg

1.36 MB
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Extraction Summary

6
People
5
Organizations
4
Locations
3
Events
2
Relationships
4
Quotes

Document Information

Type: Financial newsletter / market commentary
File Size: 1.36 MB
Summary

This document is a 'Sunday Night Insight' market commentary dated October 14, 2018, authored by Sharmin Mossavar-Rahmani and her team (likely from Goldman Sachs, based on the names, though the bank name is not explicitly printed). The report addresses client concerns regarding a recent 7.8% drop in US equities, arguing that economic fundamentals remain strong and the bull market is not ending. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was collected as evidence during a congressional investigation.

People (6)

Name Role Context
Sharmin Mossavar-Rahmani Chief Investment Officer
Author/Lead of the market insight report
Brett Nelson Head of Tactical Asset Allocation
Listed on the market insight report
Maziar Minovi Managing Director
Listed on the market insight report
Andrew Dubinsky Vice President
Listed on the market insight report
Michael Murdoch Vice President
Listed on the market insight report
Mary Rich Vice President
Listed on the market insight report

Organizations (5)

Name Type Context
House Oversight Committee
Indicated by the Bates stamp 'HOUSE_OVERSIGHT_026894'
US Equities
Market discussed in the report
Government of Mexico
Mentioned regarding trade tensions
Government of Canada
Mentioned regarding trade tensions
Government of China
Mentioned regarding trade tensions

Timeline (3 events)

2018-09-21 to 2018-10-11
7.8% intraday peak-to-trough decline in US equities
US Stock Market
Late January 2018
Market downdraft (referenced for comparison)
US Stock Market
Mid-March 2018
Market downdraft (referenced for comparison)
US Stock Market

Locations (4)

Location Context
Economic context of the report
Geopolitical concern context
Geopolitical concern context
Geopolitical concern context

Relationships (2)

Sharmin Mossavar-Rahmani Professional Colleagues Brett Nelson
Listed together on the leadership team of the report
Sharmin Mossavar-Rahmani Professional Colleagues Maziar Minovi
Listed together on the leadership team of the report

Key Quotes (4)

"The Unsteady Undertow Commands the Seas (Temporarily)"
Source
HOUSE_OVERSIGHT_026894.jpg
Quote #1
"As a result, some of our clients have asked whether this drop signifies the beginning of the end of a nearly 10-year bull market."
Source
HOUSE_OVERSIGHT_026894.jpg
Quote #2
"We do not think so."
Source
HOUSE_OVERSIGHT_026894.jpg
Quote #3
"While trade tensions with Mexico and Canada have abated, those with China have certainly deteriorated and will continue to do so..."
Source
HOUSE_OVERSIGHT_026894.jpg
Quote #4

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