goldman sachs

goldman sachs

How Many Euro Crises Will This Make? It's Getting Hard To Keep Track

Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then the ECB conjures another trillion euros out of thin air and calm returns for a while. At least, that’s how it’s gone in the past. The latest crisis has more than the usual number of flash-points and could, therefore, be something new and different.

Goldman: Investors Will Soon Realize They Were Too Optimistic

"We are approaching the point of maximum optimism and S&P 500 will give back recent gains as investors embrace the reality that tax reform is likely to provide a smaller, later tailwind to corporate earnings than originally expected."

The Coming Bear Market

The bears are dead. Long live the bears. And that, in a nutshell, describes every bubble and emerging bear market there ever was...

Meet China's Hedge Fund Capital

Hedge funds didn't exist in the world's second-largest economy five years ago...Now they have their own private village.

Global Stocks Hit 21 Month Highs, Futures Point To New Record Ahead Of Inflation Data

The global "risk on" melt-up continues. After a modestly hawkish Yellen warned that every meeting is live, and refused to take March off the table, sending the dollar and yield higher and the S&P to fresh record highs, world stocks rose hitting a 21-month high on Wednesday with the dollar rising for the 11th straight day, the longest positive streak since July 2015.

A New Jacksonian Era? Part 2

Trump will most certainly accomplish the relatively easy stuff – cutting taxes, building a wall, increasing funding for the military, spending more on infrastructure, and repealing Obamacare. If he wanted to leave a legacy on par with Andrew Jackson’s he will have to the hard stuff too. Will Trump have the courage to do any of the hard stuff? If not, the decline of the American Empire is inevitable.

Goldman Denies Bonuses To 100 Investment Bankers

Goldman didn’t pay annual bonuses to about 100 investment bankers who advise on takeovers and underwrite securities offerings, "signaling to a bigger crowd of underperformers that they’re probably better off elsewhere."

Frontrunning: February 14

  • Yellen to Face Questions on Trump’s Impact on Economy (WSJ)
  • Fed has limited view on Trump economic policies as Yellen heads to Congress (Reuters)
  • Oil rises as OPEC-led output cuts trim oversupply (Reuters)
  • Mnuchin’s G-20 Debut Clouded by Currency Chatter (BBG)
  • Israel’s Netanyahu Prepares for High-Stakes Talks With Trump (WSJ)
  • Peugeot Owner in Talks to Buy GM’s European Business (BBG)