Goldman Sachs
An Even More Global GLI
(Global Leading Indicator)
􀂄 Our Global Leading Indicator (GLI) is a key part of our toolkit.
􀂄 It has continued to guide us well through this unusual downturn.
􀂄 As in 2006, we have revised and improved the GLI further.
􀂄 The improved GLI is more global, better correlated and more
stable.
􀂄 How the GLI behaves remains highly correlated with many
assets.
􀂄 The improved GLI has peaked but from very high levels.
􀂄 And momentum is still consistent with ongoing positive growth.