State of the Consumer

State of the Consumer

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses Goldman Sachs' consumer business amidst market volatility, highlighting strong consumer performance and strategic expansion to Dallas and Atlanta. It covers the impact of interest rates and fiscal stimulus on consumer behavior, the launch of new financial products like checking accounts, and the integration of technology in retail finance. The conversation also touches on the competitive landscape with fintech companies and the potential for a 'Wall Street South' in the US.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the General Motors credit card launch for Goldman Sachs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the cost of living influencing consumer behavior in different regions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential vulnerabilities in Goldman Sachs' consumer and wealth management business?

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