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The Latest Breaking News from Goldman Sachs

Goldman Sachs CEO says clients are shifting away from supply chain resiliency to keeping headcount down, but 'I'm not hearing panic'

Big banks weigh in on inflation, a pending recession, and consumer spending.

Fortune

Asian Equities, Oil Prices Dragged by Recession Fears

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks…

Asharq Al-Awsat

China may reopen soon—but 'millions' of new COVID cases will disrupt its economic recovery

Analysts are warning of a "bumpy," "zigzagging" recovery since China's COVID cases and deaths will likely spike.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

A top Wall Street strategist thinks the December rally is finished

Wall Street’s top strategist and biggest bear Mike Wilson thinks the December rally is over and is back to selling again.

Fortune

Investors want more of India, says Goldman Sach’s Sengupta

NEW DELHI: Foreign investors are showing increased interest in India, as Asia’s third-largest economy ramps up its manufacturing capacity and improves infrastructure, said Santanu Sengupta, chief India economist at Goldman Sachs Group Inc.

The Times of India

3 Stocks You Should Put More Money Into Before the End of the Year

The Fed will likely slow down its aggressive monetary policy as inflation shows signs of cooling down. Moreover, analysts at Goldman Sachs believe that there is a possibility of a ‘soft landing’ next year. Therefore, investors should consider increasing their investments in fundamentally sound stocks, AT&T (T), Acuity Brands (AYI),…

StockNews.com

The return-to-office war may finally be reaching a compromise

Employers and employees are inching closer to a hybrid work schedule that they're both happy with.

Fortune

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Why slower growth may be good for India

India’s annual economic growth is forecast to slow to about 6% for a few years, according to economists including from Goldman Sachs Group and Barclays.. And they say that’s not such a bad thing.

The Times of India

Amid protests over lockdowns, Goldman Sachs warns that China's COVID-zero exit may be ‘forced and disorderly’

“The central government may soon need to choose between more lockdowns and more COVID outbreaks,” Goldman Sachs wrote on Sunday.

Fortune

Goldman’s forecast for stocks over the next 3 months isn’t pretty—and investors should expect ‘less pain but also no gain’ next year

Goldman Sachs’ strategists expect the S&P 500 to drop 10% over the next three months.

Fortune

Man Utd sale: Former Goldman Sachs boss breaks silence on second takeover attempt

The Glazer family are ready to accept either a partial or full sale of Manchester United after 17 years of ownership, with the architect of the Red Knights group being linked with a move

Daily Mirror

Sunak unconvincingly comes out swinging at PMQs before SNP pile-on

Keir Starmer’s jabs landed better, while the PM wanted the Scots to feel the UK love

The Guardian - UK

Exclusive: Red Knight Jim O'Neill would consider Manchester United bid if Glazers lower demands

The Glazer family have announced they are open to selling Man Utd and the man behind an attempt to buy the club 12 years ago has spoken to the Manchester Evening Newsabout the move.

Manchester Evening News

Inside story of FSG sale plan as Anfield insiders left stunned when Liverpool truth emerged

Special report into potential FSG sale of Liverpool from Paul Gorst and Dave Powell as club history could be about to change

Liverpool Echo

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StockNews.com

4 Stocks That Could Fetch You High Returns in 2023

Despite continued interest rate hikes by the Fed, analysts believe the U.S. economy is showing resilience. Moreover, inflation is expected to decline significantly next year. Therefore, investing in fundamentally sound stocks Bristol-Myers Squibb (BMY), Lockheed Martin (LMT), HCA Healthcare (HCA), and Murphy USA (MUSA) could help you fetch higher returns…

StockNews.com

2 Strong Stocks to Consider Buying This November

While market volatility is still prevalent, experts believe the U.S. economy might succeed in achieving a 'soft landing.' Moreover, most S&P 500 companies surpassed revenue and EPS estimates in the third quarter. Therefore, fundamentally sound stocks Pfizer (PFE) and Flowers Foods (FLO) could be ideal additions to your portfolio now.…

Fortune

Goldman Sachs says the bear market isn’t over yet—and 2023 won’t be a much better year for investors

“The near-term path for equity markets is likely to be volatile and down,” strategists at the investment bank said.

Reuters

Beijing district urges staying home for weekend as COVID cases rise

Beijing's biggest district urged people to stay home during the weekend and COVID-19 outbreaks grew in numerous Chinese cities on Friday, even as China further fine-tuned its COVID rules by removing capacity limits at entertainment venues.

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news in one place.

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The Independent UK

SAS: Who Dares Wins star Jason Fox: I fell victim to a text scam and it can happen to anyone

Think you’re ‘immune’ to fraudsters? Jason Fox tells Vicky Shaw why everyone needs to be on their guard.

Fortune

The top 1-year CD rates for April 2023

Check out the CDs that made our top 10 list based on their APY, minimum opening deposit, compounding frequency, and customer service.

StockNews.com

4 Stocks to Buy for Under $10 This Week

October’s wholesale prices came in lower than expected following a favorable CPI report, raising hopes that the Fed might slow its pace of rate hikes. Moreover, Goldman Sachs believes a soft landing is still possible. Therefore, fundamentally sound stocks such as United Microelectronics (UMC), Birchcliff Energy (BIREF), Spok Holdings (SPOK),…

Benzinga

Will Home Depot, Lowe's Earnings Reveal A Housing Market Correction?

A long-dreaded nightmare might be coming true for the housing sector.

Evening Standard

Boomer retirement home developer to launch new site in Fulham

Riverstone plans £3 billion investment with backing from Goldman Sachs

Reuters

New China COVID rules spur concern as some cities halt routine tests

Several Chinese cities began cutting routine community COVID-19 testing on Monday, days after China announced an easing of some of its heavy-handed coronavirus measures, sparking worry in some communities as nationwide cases continued to rise.

The Canberra Times

From ANU student to Goldman Sachs partner

The "Partners Class of 2022" was announced this week.

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