Bloomberg TV: Goldman’s O’Neill Discusses Global Economic Outlook
Jim O’Neill, chairman of Goldman Sachs Asset Management, talks about the growth outlook for China and the impact on the global economy. (Source: Bloomberg)
Posts Tagged ‘Goldman Sachs’
Video Of The Day – CNBC: O’Neill On Markets
Goldman Sachs’s Jim O’Neill on markets…
Goldman 2Q EPS 78C vs. $1.99 Estimates
Ouch…. It looks bad on first sight, but when we exclude non-recurring items (SEC settlement, U.K. bank payroll tax) the figure is $2.75. Press release. The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $8.84 billion and net earnings of $613 million for its second quarter ended June 30, 2010. Diluted earnings per common share were $0.78 […]
Goldman Sachs Scandal Sending The Markets Down?
In case you live on a different planet, this is the collection of articles and blog posts on the biggest story this year: SEC/Goldman linkfest by FT Alphaville. If you look at the media, they love it and they have incorporated all the bailout injustice into the story. Dylan Ratigan show: Visit msnbc.com for breaking […]
Questions, Questions…
I’m puzzled by the market action in recent days. It fells that something is wrong, but I major move down doesn’t seem probable. The news and blogosphere are full of stories on Mr. Bernanke and AIG/Goldman Sachs/Societe Generale unwinding. Both are neither interesting neither useful in investing. Who cares what happened more than year ago, […]
Volcker Rule
After sleeping it off and giving a little tough on Barack Obama’s proposal of new financial regulation I still think this is HUGE. Because it is so HUGE, I have some doubts how the final version would look like. Similar as with health care reform, a strong opposition backed by almost unlimited (lobbying) funds will […]
Short… Again…
I bought USO and SPY ATM January puts today. Feels like we have some weakness coming. Most of the better-than-expected results are out; economic data coming is sluggish (except maybe U.S. Q3 GDP reading tomorrow, but here I view the expectations high, so I’ll take the risk); and it feels extending stimulus (read: budget deficit widening) would be negatively viewed by the FX and fixed income markets so U.S. government would likely be cautious with the measures it is undertaking. So new stimulus fueled move is unlikely.
Just Buy
A wave of reckless optimism has taken over the financial world. We saw new highs in U.S. equities yesterday and European today. As I wrote before “better taken expected” has taken over the investor hart and souls. It doesn’t feel rational for me so I will pass on being long for the time being.
No Inspiration
The market has come down slightly in last few days. Again, major theme was health of world banking sector.