Goldman's Scher Expects Strong Equity, Debt Issuance

The video discusses Goldman's outperformance in underwriting due to strong client relationships and integrated advice during crises. It outlines phases of equity market activity, including crisis capital raising, play offense capital, and the IPO phase. The speaker highlights the unexpected robustness of the IPO market and anticipates continued, albeit slower, issuance as the year progresses.

What is one of the key factors that contributed to Goldman's success in the underwriting space?

• Advanced technology

• Client relationships

• High-risk investments

• Government support

Which phase of equity market activities involved companies raising capital to be better positioned post-crisis?

• Debt restructuring

• Crisis capital raising

• Play offense capital

• IPO phase

What unexpected development occurred in the IPO market during the crisis?

• It remained closed

• It reopened and accelerated

• It slowed down significantly

• It was unaffected

What might influence companies to return to the market in the future?

• Political stability

• Vaccine and economic perspectives

• Interest rates

• Technological advancements

What is expected to happen to market issuance as the election approaches?

• It will increase significantly

• It will remain robust but may slow down

• It will double

• It will cease completely