#Charles Himmelberg

Last weekend, Goldman's clients were nervous: after 16 months without a 5% pullback in stocks, they were afraid that a steep correction could take place at any moment. Today, they are just as afraid, but have no choice other than to remain invested and buy every dip, or as Goldman's credit

For the first time in four years, the credit market sees more risk of a South Korean sovereign default/devaluation than China. After months of hit money flows in EM stocks sending KOSPI to record highs in the face of rising nuclear tensions with its neighbor, this week saw investors crack as

Now that the possibility of a war between the US and North Korea seems just one harshly worded tweet away, and the window of opportunity for a diplomatic solution, as well as for the US stopping Kim Jong-Un from obtaining a nuclear-armed ICBM closing fast, analysts have started to analyze President

One of the recurring themes of broad market complacency has been traders' unwillingness to price in, or even react, to surging geopolitical risk. This morning, Goldman picks up on this conundrum, with a note by Charles Himmelberg in which Goldman's chief credit strategist expresses his dismay at

Visit Full Archives At The Entry Points   Three heavy hitters in real estate – Darius Bozorgi, Veros CEO, Mike Fratantoni, Mortgage Bankers Association chief economist, and Douglas Duncan, Fannie Mae chief economist – all agree, “There is no housing bubble“. These real estate experts are all in