On their recent earnings call, Goldman Sachs cited three things that "may bolster client activity across markets": - US election - variability of economic growth outlook - global LIBOR transition Lots of commentary about the first two, but the third...
Replying to @MarcRuby
Some helpful background on the Libor transition from Bloomberg:https://www.bloomberg.com/opinion/articles/2020-10-16/-big-bang-shift-to-sofr-away-from-libor-shouldn-t-scare-anyone …
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