Category: Goldman

  • Hedge funds snap up US tech stocks amid falling rates, says Goldman Sachs

    LONDON (Reuters) – Hedge funds bought U.S. technology and media stocks at their fastest pace in four months last week, driven by an expected 50 basis point interest rate cut by the Federal Reserve, a Goldman Sachs note to clients seen by Reuters on Monday said. Lower interest rates are…

  • Goldman Sachs: BOE rate outlook post-September meeting

    Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…

  • Goldman Sachs: BOE rate outlook post-September meeting

    Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…

  • Hedge funds switch to buying banks, insurance and trading firms, says Goldman Sachs By Reuters

    By Neil Mackenzie LONDON (Reuters) – Banking, insurance and trading stocks are back in the red as hedge funds last week bought shares in these companies at the fastest pace since June 2023, a note from Goldman Sachs showed. Financial stocks were the most in demand on Goldman Sachs’ main…

  • Goldman Sachs sees a 25 basis point cut from the Fed next week

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Goldman Sachs see a Bank of England rate cut in November, with a cascade of cuts to follow

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Did a flawed Goldman Sachs report roil the market on Friday?

    On Friday, shares of Nvidia fell 4%, dragging the Nasdaq to a three-week low. One of the triggers for the sell-off was a Goldman Sachs memo from Peter Oppenheimer claiming that traffic to ChatGPT was in steep decline. Goldman posted this chart, which later went viral (including in the Financial…

  • ICYMI – Goldman Sachs raised their Q3 US GDP estimate to 2.7% (q/q annualized), from 2.5%

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Goldman to lay off a few hundred employees in annual talent review, source says By Reuters

    Written by Manya Saini (Reuters) – Goldman Sachs plans to cut several hundred jobs as part of an annual review process targeting underperforming companies, a person familiar with the matter told Reuters on Friday. The investment bank has reintroduced performance-related job cuts in 2022 after a two-year pause due to…

  • US soft landing consistent with weaker dollar: Goldman Sachs By Investing.com

    Investing.com – As the global economy faces uncertainty, the United States appears to be on track for a “soft landing,” a scenario in which the economy slows without entering a recession. This potential outcome, according to analysts at Goldman Sachs, is consistent with the weakness of the US economy. “Despite…

  • Goldman Sachs on where to look in FX if you’re expecting equity market losses

    Goldman Sachs analyzes effective hedges in the foreign exchange market in scenarios where US stocks and yields fall, highlighting the most reliable currency positions. Safe havens JPY and CHF, along with shorting MXN and AUD, are identified as effective hedges. However, the costs associated with certain strategies favor shorting AUD…

  • Goldman Sachs cut its US recession probability after last week’s data, see 25bp Sept cut

    A note from the economists at the investment bank. I haven’t seen it yet, but the news agencies are carrying the highlights. In summary: It lowered its forecast for a U.S. economic contraction from 25% to 20%, and said it could lower the forecast further to 15% if the August…

  • Goldman cuts U.S. recession risk (S&P Complete Indices:SP500)

    fire A string of positive economic data in recent days has prompted Goldman Sachs to lower its forecast for the U.S. economy to 20% from 25% next year. In a research note issued on Saturday, the investment bank said: He pointed to further cuts in the next 12-month outlook, subject…

  • Goldman Sachs: How are we thinking about USD/JPY from here?

    USDJPY Daily Goldman Sachs discusses its outlook for USD/JPY, focusing on the role of US interest rates and real spreads in determining the pair’s future performance. Key points: US interest rate dominance: Back to basics: Goldman Sachs expects the USD/JPY pair to become more aligned with fundamentals, especially US interest…

  • Goldman Sachs Holds Over $400M in Spot Bitcoin ETFs

    Goldman Sachs has disclosed holdings of $418 million in Bitcoin exchange-traded funds (ETFs), indicating growing institutional appetite for exposure to the cryptocurrency. Breaking: ?? Goldman Sachs announces holding over $400 million in the stock market #Bitcoin ETFs in New SEC Filing ? pic.twitter.com/n4nWDfCm6w — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024…

  • Goldman Sachs Launches Preferred Stock ETF For High Income

    Stock market quote Goldman Sachs Asset Management Introduced a new preferred stock fund – its fifth fund for 2024. Goldman Sachs Axis U.S. Preferred Equity and Hybrid ETF (GPRF) It began trading on August 8, according to a company press release. The statement said that the GPRF Fund aims to…

  • Goldman Sachs’ fund division to leave climate investor group By Reuters

    By Ian Withers and Simon Jessop LONDON (Reuters) – Goldman Sachs Fund Management is to withdraw from investor outreach group Climate Action 100+, joining other financial services firms that have pulled out amid a political backlash in the United States. Members of global climate-focused coalitions in the United States have…

  • Evercore hires Goldman banker Kamo for private equity dealmaking, sources say By Reuters

    Milan city win NEW YORK (Reuters) – Investment bank Evercore has hired a top Goldman Sachs dealmaker as a senior managing director to help boost its coverage of private equity firms and alternative asset managers, people familiar with the matter said on Friday. David Camus, who was named global head…

  • Worst of market selloff might be over but hold on tight, Goldman says By Reuters

    SINGAPORE (Reuters) – After a turbulent week in global markets, the worst of the sell-off may be over but investors need to “keep a tight rein on big directional bets for now,” Tony Pasquarello, Goldman Sachs’ global head of hedge fund coverage, said. In a note to clients on Wednesday…

  • Goldman Sachs has introduced a new Financial Stress Index (FSI) – totally normal

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…