Goldman Sachs Says Stick With U.S. Risk Assets

Aug.12 — Goldman Sachs doesn’t expect November’s Presidential Election to have “dramatic” consequences for the economy, and says it is advising clients to remain overweight U.S. risk assets. Silvia Ardagna, managing director in the investment strategy group within Goldman Sachs Private Wealth Management, made the comments in an interview on “Bloomberg Surveillance.”

Keiser Report | Summer Solutions | Gold goes supernova | E1577

In this episode of Keiser Report’s annual Summer Solutions series, Max and Stacy chat to precious metals and bitcoin investor Mark Valek of Incrementum.li. They discuss the ‘FREE MONEY’ cover story on the Economist magazine and how that money printing has caused the rise in gold and bitcoin prices. The conversation turns to the U.S. … Read more Keiser Report | Summer Solutions | Gold goes supernova | E1577

Dwayne ‘The Rock’ Johnson Leading Group to Buy Bankrupt XFL Football League

Dwayne “The Rock” Johnson will buy the assets of the bankrupt professional football league XFL as part of a group bid with his business partner Dany Garcia and Gerry Cardinale’s RedBird Capital Partners. The group is paying $15 million for substantially all of the assets of Alpha Entertainment LLC, the parent company of the XFL, … Read more Dwayne ‘The Rock’ Johnson Leading Group to Buy Bankrupt XFL Football League

Will the dollar lose reserve currency status?

Amid rising tensions over technology and geopolitics, #American billionaire investor Ray Dalio has warned that the conflict between the U.S. and #China could develop into a “capital war,” which would damage the dollar. Meanwhile, international investment bank Goldman Sachs warned recently the U.S. dollar is in danger of losing its status as the world’s reserve … Read more Will the dollar lose reserve currency status?

Greater Gender Diversity Matters for the Bottom Line: Matsui

Jul.29 — In this Bloomberg Equality segment, Kathy Matsui, Japan vice chair at Goldman Sachs, discusses the labor participation rate for women in Japan, how gender diversity matters for business performance and the need for role models. She speaks on “Bloomberg Markets: Asia.”

Najib Conviction Bolsters Malaysia Leader’s Hopes of Staying On

The guilty verdict against former prime minister Najib Razak in the first of the 1MDB trials could strengthen the current government’s hand after months of political turmoil. Najib faces at least 12 years in prison after the High Court on Tuesday found him guilty of all seven charges in a case involving millions he received … Read more Najib Conviction Bolsters Malaysia Leader’s Hopes of Staying On

Chainsmokers Concert in the Hamptons Under Investigation After Video Shows Packed Crowds

It was supposed to mark the return to a somewhat normal summer for the Hamptons set. But now a charity concert featuring Goldman Sachs Group Inc.’s chief and the Chainsmokers has sparked a state probe and drawn criticism from its own participants. New York Governor Andrew Cuomo said he was appalled by “egregious social distancing … Read more Chainsmokers Concert in the Hamptons Under Investigation After Video Shows Packed Crowds

Ex-Malaysian PM Najib Faces 12 Years After Guilty Verdict in Ex-1MDB Unit Trial

A Malaysia court sentenced former prime minister Najib Razakto 12 years imprisonment after ruling him guilty in the first of a series of trials linked to 1MDB. Najib was guilty Tuesday of all seven charges in the case involving 42 million ringgit ($10 million) of funds deposited in his personal accounts from a former unit of … Read more Ex-Malaysian PM Najib Faces 12 Years After Guilty Verdict in Ex-1MDB Unit Trial

Hamptons Event With Goldman CEO, Chainsmokers Faces Probe

Jul.28 — New York health authorities will investigate a Hamptons charity concert opened by Goldman Sachs chief David Solomon and headlined by the Chainsmokers after footage showed crowds of partiers not social distancing, according to Governor Andrew Cuomo. Su Keenan reports on “Bloomberg Markets: Asia.”

Malaysia’s Former PM Najib Found Guilty on 1 Charge in 1MDB Unit Trial

A Malaysia court has ruled former prime minister Najib Razak guilty in the first verdict to come in the series of trials linked to 1MDB. Najib was guilty Tuesday of one count of abuse of power in the case involving 42 million ringgit ($10 million) of funds deposited in his personal accounts from a former … Read more Malaysia’s Former PM Najib Found Guilty on 1 Charge in 1MDB Unit Trial

Wall Street Week – Full Show (07/24/2020)

Jul.24 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This week’s Wall Street Week features David Westin’s interviews with Former U.S. Commerce Secretary Penny Pritzker, JPMorgan Asset Management Global Head of Fixed Income Bob Michele, and CBRE New York Tri-State Region CEO Mary Ann Tighe. The … Read more Wall Street Week – Full Show (07/24/2020)

Goldman’s Katie Koch Says Equity Markets Need Support

Jul.24 — Katie Koch, Goldman Sachs Asset Management co-head of fundamental equity, says equity markets need support because at these levels, valuations are expensive. She also has low earnings expectations for the second quarter. She joins David Westin with her insight on “Bloomberg Wall Street Week.”