Goldman's Kostin on Return to Office, Earnings and Stocks

The video discusses the return of a fully staffed team to the office after 15 months, highlighting the benefits of in-person interactions. It explores the dynamics between growth, rates, and inflation, and their impact on the equity market. The discussion shifts to corporate margins, tax implications, and the dominance of Big Tech in the market. The video concludes with insights into market liquidity and investment strategies, emphasizing the importance of growth prospects in 2022.

What was a significant change in team dynamics after returning to the office?

• Increased remote work

• More efficient communication

• Higher turnover rates

• Decreased productivity

How does higher inflation generally affect the equity market?

• Increases stock valuations

• Results in higher rates

• Leads to lower rates

• Decreases market liquidity

What is a key attribute of the technology sector in the context of inflation?

• Dependence on cyclical sectors

• Extraordinarily high margins

• High sensitivity to inflation

• Low margins

What is the expected impact of an increase in corporate taxes on earnings growth?

• Earnings growth will remain at 10%

• Earnings growth will decrease to 5%

• Earnings growth will increase to 15%

• Earnings growth will not be affected

Which company recently became the largest stock in the hedge fund's important positions basket?

• Facebook

• Google

• Amazon

• Microsoft

What has the market rewarded in terms of liquidity?

• High liquidity stocks

• Low liquidity stocks

• Stocks with no liquidity

• Stocks with fluctuating liquidity

What is the expected growth rate of the economy this quarter?

• 5%

• 10%

• 15%

• 20%