Recent policy announcements in China highlight new government efforts to raise birth rates. For investors, this suggests an improving outlook among dairy and infant formula companies that have sales in China, according to Goldman Sachs Research. It also creates a positive storyline for companies outside Asia that make ingredients for infant nutrition. The policy developments include a March 13 announcement by leaders in Hohhot, Inner Mongolia’s capital, of...

Stocks around the world have recently traded in and out of a bear market — usually defined as a 20% decline from their recent peak. Peter Oppenheimer, chief global equity strategist in Goldman Sachs Research, writes that the history of bear markets can offer clues about the duration and severity of these downturns. US stocks rallied recently after President Trump announced a 90-day pause on the additional country-specific...

Changes in US trade policy are having a significant impact on the country’s currency, according to Goldman Sachs Research. The increase in trade tensions and other uncertainty-raising policies are eroding consumer and business confidence, Goldman Sachs Research senior currency strategist Michael Cahill writes in the team’s report. The team finds that changing perceptions of US governance and institutions are also affecting the appeal of US assets for foreign investors, and the rapid...