goldman sachs

goldman sachs

Frontrunning: August 7

  • Futures slightly higher after Dow's record run (Reuters)
  • Tillerson says U.S., Russia can settle differences (Reuters)
  • Hot-Stock Rally Tests the Patience of Value Investors (WSJ)
  • ‘Good Conservative’ Grassley Ramps Up His Panel’s Trump-Russia Probe (BBG)
  • Brands Strike Back: Seven Strategies to Loosen Amazon’s Grip (WSJ)

July Payrolls Preview: Smooth Sailing But Watch Out For Cars

At 8:30am on Friday, the BLS is expected to announce that in July the US created 180K jobs, down from 222K in June though still in line with the 6-month average of 180K, with the biggest downside risk a slowdown in durable manufacturing payrolls as auto production slumped.

Bears Throw In The Towel: FANG Shorts Hit All Time Low

The FANG bears have capitulated: short interest for the four companies has sunk to a new record low, and collectively the short bets against FANG stocks accounted for just 2% of their traded shares, an all time low.

Frontrunning: August 1

  • Futures higher on strong earnings season; Apple in focus (Reuters)
  • Kelly Sends Off Scaramucci, But Real Test Will Be Taming Trump (BBG)
  • Senate Democrats offer Republicans help on tax reform - with conditions (Reuters)
  • Banks May Need $50 Billion New Capital After Brexit (BBG)
  • Goldman Sachs Finds Itself in Odd Spot: Last Place in Trading (WSJ)

Scaramucci Listed As Dead In Latest Harvard Alumni Directory

Adding insult to pink slip, Harvard Law School apologized for erroneously listing Anthony Scaramucci as dead in its new alumni directory. A directory mailed to alumni this week included an asterisk by the name of Scaramucci, a 1989 graduate, indicating he had died.

Bill Blain: "There Is One Obvious Trigger That Could Lead To A Market Fall In The Second Half"

"At the core of Worried Scenario is someone/thing presses the reset button and the second half of 2017 is remembered for a massive market down-flip. Some toxic combination of overvalued stocks (although we’re seeing a great earnings season). What might the trigger be? Central bank normalisation? The end of QE distortion? The trick is to spot the likely threats. The obvious one is politics."  

Goldman's Clients Are Confused About Inflation: Here's Why

The US inflation outlook and its equity investment implications were key topics of discussion during recent visits with clients in Boston, Chicago, and New York. Looking forward, will the rate of inflation in 2018: (a) decelerate, (b) accelerate, or (c) stay about the same? The answer depends on the information source.