Roughly 93% of all the companies in the S&P 500 had reported their first-quarter earnings by Friday.
After combing through earnings calls, three big themes stood out to David Kostin, Goldman Sachs’ chief US equity strategist: economic growth, regulation, and wage growth.
The first two of these themes largely tie to the economic agenda of President Donald Trump’s administration.
But mentions of one theme suddenly dimmed on the radar compared to the peak of election season in the fourth quarter: Trump himself.
Goldman published its quarterly S&P 500 Beige Book on Thursday, borrowing the concept from the Federal Reserve’s similar release of read more >>>