The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission data find that investors — from big asset managers to hedge funds — are the most optimistic about the dollar’s upside since 2019.
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.
Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman Sachs sees stocks benefiting from the biggest expected company buybacks in at least five years.
Goldman Sachs chief economist Jan Hatzius is bullish on the outlook for the U.S. economy, in large part because he doubts Donald Trump’s incoming administration will be able to make good on its promises to drastically reduce budget deficits or immigration into the U.
Goldman Sachs has flagged Insmed Inc. as a potential merger candidate under the pro-business policies of the incoming Donald Trump administration, CNBC reported. The investment bank estimates a 30%-50% chance that Insmed could be part of a deal in 2025.
The major indexes reclaimed their 50-day moving averages while bitcoin also rallied into Donald Trump's presidential inauguration. Many stocks flashed buy signals.
Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy...
US president-elect Donald Trump will probably seek an average of 20 per cent tariffs on most of those, the chief economist of Goldman Sachs said on Thursday. Speaking at the Atlantic Council in ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
Markets could rebound after Donald Trump’s inauguration with the Aussie dollar a ‘prime target’ for buyers, according to NAB.