Marc Gutman, CEO of Goldman Sachs International, is pressing governments to trim public expenditures to bring down higher borrowing costs. Critics objected, arguing the position serves elite financial interests over public services.

Separately, Goldman analyst Bobby Molavi flagged that major stock indexes seem steady on the outside but conditions beneath the surface are weaker than headline numbers show. The S&P 500 may appear steady, but Molavi says the market beneath that level tells a different story.