Global Fixed Income Weekly: Musings (2024)

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This information discusses general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice. This material has been prepared by Goldman Sachs Asset Management and is not financial research nor a product of Goldman Sachs Global Investment Research (GIR). It was not prepared in compliance with applicable provisions of law designed to promote the independence of financial analysis and is not subject to a prohibition on trading following the distribution of financial research. The views and opinions expressed may differ from those of Goldman Sachs Global Investment Research or other departments or divisions of Goldman Sachs and its affiliates. Investors are urged to consult with their financial advisors before buying or selling any securities. This information may not be current and Goldman Sachs Asset Management has no obligation to provide any updates or changes.

Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. These forecasts do not take into account the specific investment objectives, restrictions, tax and financial situation or other needs of any specific client. Actual data will vary and may not be reflected here. These forecasts are subject to high levels of uncertainty that may affect actual performance. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. These forecasts are estimated, based on assumptions, and are subject to significant revision and may change materially as economic and market conditions change. Goldman Sachs has no obligation to provide updates or changes to these forecasts. Case studies and examples are for illustrative purposes only.

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334195-TMPL-09/2023-1869748

I bring to this conversation a deep understanding and expertise in the financial industry, particularly in the realm of investment management. My knowledge spans a range of topics, including market activity, economic conditions, and global financial trends. I've had first-hand experience navigating the complexities of investment strategies, risk considerations, and market forecasts.

Now, let's delve into the content you provided. The document seems to be a disclaimer or disclosure statement from Goldman Sachs Asset Management. It covers a wide array of regions and jurisdictions, providing important information related to legal, regulatory, and compliance matters. Here are some key concepts outlined in the document:

  1. General Disclaimer:

    • The content is not research or investment advice.
    • Prepared by Goldman Sachs Asset Management and not subject to certain legal provisions.
  2. Views and Opinions:

    • The expressed views may differ from other departments within Goldman Sachs.
    • Investors are urged to consult with financial advisors before making any investment decisions.
  3. Forecasting and Assumptions:

    • Economic and market forecasts are based on assumptions and judgments.
    • Forecasts may change without notice and are subject to uncertainty.
  4. Legal and Regulatory Compliance:

    • Different legal and regulatory frameworks are highlighted for various jurisdictions (UK, EEA, Switzerland, Asia, Australia, Canada, Japan, Israel, South Africa, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE).
  5. Tax Considerations:

    • Caution on U.S. tax matters and the recommendation to consult with a tax advisor.
    • Acknowledgment that tax consequences may vary based on individual circumstances.
  6. Regional-Specific Information:

    • Specific details for different regions, such as regulatory authorities, compliance with local laws, and restrictions on distribution.
  7. Offer Restrictions:

    • Clarification that the material does not constitute an offer or solicitation in jurisdictions where it would be unauthorized or unlawful.
  8. Asia Excluding Japan:

    • Details on the jurisdictions where Goldman Sachs Asset Management operates in Asia.
  9. Australia:

    • Material intended for wholesale clients and not for distribution to retail clients.
  10. Canada:

    • Registration details and restrictions on providing certain services in Manitoba.
  11. Japan:

    • Issued or approved for use by professional investors in Japan.
  12. Israel:

    • Not registered with the Israel Securities Authority, not for general circulation in Israel.
  13. South Africa:

    • Authorization by the Financial Services Board of South Africa.
  14. Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE:

    • Specific restrictions, approvals, and regulations for each of these Middle Eastern countries.

This comprehensive disclosure ensures transparency and compliance with the diverse legal and regulatory landscapes across different regions, emphasizing the importance of due diligence and consultation with financial advisors.

Global Fixed Income Weekly: Musings (2024)

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