Category: Goldman
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Goldman Sachs now sees three consecutive Fed rate cuts this year
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Goldman Sachs economists now expect the Fed to cut rates by 25 basis points at each of the three remaining meetings this year. They previously expected two rate cuts. “Today’s report suggests that the slowdown in labor market conditions has now gone beyond what was welcome,” Goldman notes. In addition,…
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Hedge funds grow bearish amid economic slowdown jitters, Goldman says By Reuters
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Written by Carolina Mandel NEW YORK (Reuters) – Global hedge funds continued to add bearish bets on stocks to their portfolios in the week to Aug. 1 as fresh data raised concerns that the U.S. economy is slowing faster than expected, Goldman Sachs said in a note to clients. Goldman…
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Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs By Reuters
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By Neil Mackenzie LONDON (Reuters) – Global investors’ appetite for more expensive multi-strategy hedge funds has declined, Goldman Sachs said in a report to clients seen by Reuters on Friday, even though more investors plan to add hedge funds to their portfolios. Goldman Sachs data from a survey of more…
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Swiss bank Julius Baer names Goldman Sachs executive as new CEO By Reuters
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By John Revell ZURICH (Reuters) – Julius Baer said on Tuesday it had appointed Goldman Sachs partner Stefan Bollinger as its new chief executive, as the Swiss private bank looks to move on from the Signa debacle that cost it millions of dollars and damaged its reputation. The appointment ends…
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Goldman Scahs makes the case for a July Fed cut. What’s priced in?
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The Fed’s blackout begins Friday at midnight and there’s little chance of a rate surprise unless officials announce it first. The main chance to do so today comes with Powell’s appearance at 12:30 p.m. ET at the Economic Club of Washington. Other than that, we’ll hear from a handful of…
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Goldman challenges Fed’s demand it hold more capital after stress test, FT reports
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Goldman Sachs has appealed to the U.S. Federal Reserve over its results in the latest “stress test” conducted by the Fed, which is set to force the bank to hold more capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Federal Reserve’s annual stress test…
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Goldman challenges Fed’s demand it hold more capital after stress test, FT reports By Reuters
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(Reuters) – Goldman Sachs has appealed to the U.S. Federal Reserve over its results in the latest “stress test” by the Fed that is set to force the bank to hold more capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Federal Reserve’s annual stress…
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Goldman Sachs says this is ‘a key indicator for the durability of the AI trade’ By Investing.com
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Goldman Sachs analysts have identified a key metric to gauge the longevity of AI trading: sales review. According to a report released Wednesday, while the AI sector has seen significant growth, especially in the infrastructure phase, there are still doubts about its long-term profitability. The report examines four phases of…
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Six Flags falls after Goldman Sachs warns of a bumpy ride to hitting synergy targets
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Wirestock/iStock Editorial via Getty Images Six Flags Entertainment CorporationNew York Stock Exchange: Fun) fell on Wednesday after Goldman Sachs issued some cautious comments about the theme park company while it was getting coverage. Analyst Lizzie Dove warned that achieving revenue synergies could be difficult for the new company. “We “FUN…
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Goldman Sachs to launch three tokenization projects
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Goldman Sachs is set to launch three token projects targeting institutional clients, with a focus on permissioned networks and private blockchains due to regulatory concerns. Goldman Sachs is preparing to launch three major token projects by the end of the year as part of its strategic expansion into digital assets.…
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Goldman Sachs to launch three tokenization projects
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Goldman Sachs is set to launch three token projects targeting institutional clients, with a focus on permissioned networks and private blockchains due to regulatory concerns. Goldman Sachs is preparing to launch three major token projects by the end of the year as part of its strategic expansion into digital assets.…
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Goldman Sachs: Another sign that the dollar still stands above the ‘challengers’
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Goldman Sachs notes another sign that the US dollar remains strong against its rivals. The broad dollar index has surpassed its October 2023 high, with recent strength attributed to the lack of rate cuts by the Federal Reserve and strong real interest rate benefits, making the dollar a formidable currency.…
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Rising trade policy uncertainty poses a downside risk to growth: Goldman Sachs By Investing.com
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Comments and actions on global trade policy are becoming increasingly hawkish, and a potential victory by Donald Trump in the upcoming presidential election could lead to the imposition of significant tariffs on U.S. imports, potentially leading to retaliation and escalation, according to economists at Goldman Sachs. As a result, indicators…
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Goldman Sachs bullish on China shareholder returns By Investing.com
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Investing.com — A trend of increasing shareholder returns among Chinese companies, especially through dividends and buybacks, is taking shape in China, Goldman Sachs analysts wrote in a note. GS said it was bullish on the issue of shareholder returns in Chinese stocks, noting that the trend had been a “rewarding…
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Tariffs is the election-relation risk to US stocks: Goldman Sachs By Investing.com
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Strategists at Goldman Sachs highlighted the potential impact of tariffs on US companies doing business abroad as the US election campaign gains momentum. According to the investment bank giant, tariffs can significantly impact the performance of stocks with high exposure to international revenues. “Tariffs will create headwinds to the performance…
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Goldman sees slower but still robust Permian Basin growth this decade (NYSEARCA:XLE)
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Slavko Sereda/iStock via Getty Images Crude oil futures fell on Friday but ended the week higher, supported by signs of strong US demand and a growing perception of risks from a broader conflict in the Middle East that could jeopardize oil flows from the region. Exchanges Flames are rising between…
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Top U.S. regulators find shortcomings in living wills of JPMorgan, BofA, Goldman, Citi
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Editorial LewisTsePuiLung/iStock via Getty Images The Federal Reserve and the Federal Deposit Insurance Corp. said Friday they had identified deficiencies in JPMorgan Chase’s so-called living will plans (New York Stock Exchange: JPM), Goldman Sachs (New York Stock Exchange: A), American bank (New York Stock Exchange: PAC(Citigroup)New York Stock Exchange: CAccording…
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Goldman weighs in By Investing.com
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In a recent note, economists at Goldman Sachs looked at the potential impacts of US immigration policies before and after the upcoming election, examining scenarios under a continued Biden administration and a potential second Trump administration. Net immigration to the United States rose to nearly 2.5 million last year, which…
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Goldman Sachs Boosts S&P 500 Target on Upbeat Profit Outlook
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(Bloomberg) — Strategists at Goldman Sachs Group boosted their year-end target for the Standard & Poor’s 500 Index for the third time, reflecting Wall Street’s upbeat expectations for earnings growth and the U.S. economy. Most read from Bloomberg The bank’s equity strategists, led by David Kostin, now expect the benchmark…