Marc Gutman, CEO of Goldman Sachs International, is pressing governments to cut spending to bring down climbing borrowing costs. Critics pushed back, arguing the position favors wealthy interests over public services.

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