Goldman Sachs

Energy Geopolitics

Fujairah Attacks Expose the Strait of Hormuz End Game

As UAE's last bypass route faces repeated strikes and global oil buffers race toward depletion by mid-July, markets confront the reality that $120 crude isn't speculation—it's arithmetic.

8 min read ·
AI Macro

The $1 Trillion Question: Where Are AI’s Productivity Returns?

Big Tech is deploying record capital into AI infrastructure, but economists see minimal GDP impact and zero workplace productivity gains—forcing a reckoning over whether massive capex reflects transformation or misallocation.

8 min read ·
Markets

Goldman Sachs to Lead SpaceX’s $75 Billion IPO, Wall Street’s Largest Tech Exit

The June listing at a $1.75 trillion valuation marks the return of mega-cap exits and raises systemic questions about capital concentration in AI-linked infrastructure plays.

8 min read ·
Geopolitics Markets

Beijing Grants Citigroup Securities License as CEOs Meet Chinese Officials Amid US-China Trade Tensions

China's Securities Regulatory Commission approved Citigroup's wholly-owned brokerage on the eve of Trump's state visit, while senior officials held simultaneous meetings with Fraser and Goldman's Solomon to stabilize $250 billion in US institutional exposure.

7 min read ·
Energy Markets

Goldman Sachs Projects 17% Uranium Demand Surge as SMR Deployment Accelerates

Institutional validation of small modular reactors reshapes nuclear investment thesis and signals structural supply deficit through 2045.

8 min read ·
AI Markets

Anthropic’s $1.5B Wall Street Deal Rewrites Frontier AI Funding Playbook

Blackstone and Goldman Sachs shift from spectator to infrastructure owner, using portfolio companies as built-in customer base while frontier labs race to capture consulting margins before IPO.

7 min read ·
Macro Markets

Goldman’s Higher-for-Longer Bet Exposes $75bn Pricing Gap as Markets Cling to Cut Hopes

Investment bank's delayed Fed forecast creates structural disconnect threatening growth valuations, credit spreads, and commercial real estate refinancing.

7 min read ·
AI

Blackstone, Goldman Sachs Back Anthropic With $1.5B Joint Venture as Wall Street Goes Direct on Frontier AI

Traditional finance's shift from passive tech exposure to direct equity stakes in AI infrastructure validates Anthropic's $380B valuation despite extreme multiples.

8 min read ·
Breaking Energy Macro

Gulf Crude Output Down 57% as Goldman Warns of 12-Month Volatility Window

Goldman Sachs analysis reveals 14.5 million barrels per day offline in April, triggering physical crude panic at $150/bbl while futures markets lag—institutional positioning suggests repricing shock if Strait closure extends.

8 min read ·
Energy Macro

Goldman Sees Fast Gulf Oil Recovery — If Politics Cooperate

The bank projects 70% of lost production restored within three months of Hormuz reopening, but the strait remains closed as geopolitical deadlock persists.

7 min read ·
Macro Markets

Basel III Reversal Frees $200 Billion for US Banks—Now Comes the Allocation Fight

Federal regulators' March 2026 capital rule overhaul hands mega-banks unprecedented firepower for lending expansion or shareholder returns, reshaping credit markets and bank equity valuations.

7 min read ·
Energy Macro

Goldman Raises US Recession Odds to 30% as Oil Shocks Replace Fed Rates as Master Variable

Energy supply constraints—not monetary policy—now drive both growth and inflation outcomes, trapping the Fed in a stagflationary policy bind.

7 min read ·