Source: Dreamstime | Author: Waingro
Reading time: 2 minutes
The price of copper reached a 17-month bottom, falling to $350 for 100lb, continuing the decline from the previous quarter and fuelling investors’ fears of an upcoming recession.
Tag Archives: Goldman Sachs
Eurozone Inflation Surged to Its Highest Since 1997 as the ECB Scrambles to Find the Right Approach
Source: Dreamstime | Author: Michaeljayberlin
Reading time: 1 minute
Persistent cost-covid hurdles, coupled with the war in Ukraine, have fueled a continent-wide price hike unlike anything the Europeans have ever seen. And it’s about to get worse.
The War Puzzle Effect: Why Wartime Investments Can Pay Out in the Long Run (+ Our 5 Safe Haven Picks)
Source: Dreamstime | Author: DeltaStock
Reading time: 13 minutes
Just as the world was about to exit a two-year-long pandemic that shook the global economy to its core and forced millions of people to explore remote work options, it was dragged headfirst into a wave of violence and a humanitarian tragedy not witnessed since the Second World War.
Thus, when Russian President Vladimir Putin ordered his troops to invade Ukraine in the early morning of February 24th, 2022, he caught many investors completely off-guard.
Goldman Sachs Exceeds Wall Street Expectations, Posts Record EPS
Source: Unsplash | Photographer: Floriane Vita
Reading time: 2 minutes
On Wednesday, one of the leading U.S. banks, Goldman Sachs, announced better-than-expected Q3 2020 results due to strong bond trading and asset management performance. Shortly after the news, the bank’s shares rose by an extra 0.6% on top of the 2.2% gains achieved in premarket trading.
Is a V-shaped Economic Recovery Still a Possibility?
Source: Pixabay | Owner: MasterTux
Reading time: six minutes
The world has entered the second half of 2020 just as troubled (if not more so) as it did in the first half. And as financial forecasts grow grimmer by the day, one thing is starting to become painfully clear to all—we might not see a full recovery in 2020, and even one happening in 2021 would depend on a lot going right.