Ex-Goldman CFO Returns to Wall Street Atop $55 Billion Housing Giant
(Bloomberg) — Stephen Scherr, the former chief financial officer of Goldman Sachs Group Inc., is seeking a Wall Street comeback…
Hedge Funds Bought Yen Right Before Biggest Drop in 15 Years
(Bloomberg) — Hedge funds turned bullish on the yen just before dovish comments by Japan’s new prime minister and a…
Goldman Says Surging Chinese Stocks May Advance Another 20%
(Bloomberg) — Goldman Sachs Group Inc. upgraded its call on Chinese stocks to overweight, as it joined a camp of…
Activist Starboard Value Takes $1 Billion Stake in Pfizer
(Bloomberg) — Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer Inc. and is seeking…
Asian Stocks Eye Early Gains After US Jobs Report: Markets Wrap
(Bloomberg) — Most Asian stocks are set to open higher in early trading after strong US jobs data underscored the…
Bond Traders Buckle Up for ‘No Landing’ After Jobs Surprise
(Bloomberg) — The “no landing” scenario – a situation where the US economy keeps growing, inflation reignites and the Federal…
China Stock Skepticism Gets Louder as World-Beating Run Extends
(Bloomberg) — The world-beating rally in Chinese stocks is failing to convince many global fund managers and strategists. Most Read…
US Inflation Is Set to Reassure a Labor Market-Focused Fed
(Bloomberg) — US inflation probably moderated at the end of the third quarter, reassuring a Federal Reserve that’s shifting more…
Ed Yardeni Sees Fed Pausing Rate Cuts for 2024 After Jobs Report
(Bloomberg) — The Federal Reserve’s monetary-easing campaign for 2024 may already be over as the strong labor report Friday underscores…
El-Erian Warns Fed After Jobs Data: ‘Inflation Is Not Dead’
(Bloomberg) — Mohamed El-Erian says the Federal Reserve needs to renew its focus on its fight against rising prices after…
