Silver as an investment

Tag Archives: goldman sachs

Are Banks About To Derail The New U.S. Shale Boom?

Authored by Irinia Slav via OIlPrice.com, Just when international oil benchmarks are sliding down, banks are preparing to review the credit lines of U.S. E&Ps. Starting in April, lenders will reassess companies’ creditworthiness on the basis of reserves, production trends, current prices, and future prospects for the industry, among others. Should anything spark worry, banks […]

Eric Mindich’s $12 Billion Eton Park Is Returning Capital To Investors: Here Are His Biggest Holdings

Once upon a time Eric Mindich was best known for being the Goldman “wunderkind” – the youngest-ever Goldman partner, who parlayed his reputation into the 2004 launch of his hedge fund Eton Park. Unfortunately for Mindich, after over a decade of running other people’s money, the hedge fund apocalypse caught up with the ex-youngest partner, […]

Deutsche Bank: “The Probability Of A Negative Shock Is High”

zerohedge.com / by Tyler Durden / Mar 19, 2017 8:47 PM For the second week in a row, Deutsche Bank’s strategist Parag Thatte has a somewhat conflicted message for the bank’s clients: on one hand, he writes that positive economic surprises continue “but are getting less so”, and although the divergence between har data surprises and sentiment is […]

Deutsche Bank: “The Probability Of A Negative Shock Is High”

For the second week in a row, Deutsche Bank’s strategist Parag Thatte has a somewhat conflicted message for the bank’s clients: on one hand, he writes that positive economic surprises continue “but are getting less so”, and although the divergence between har data surprises and sentiment is diminishing the bank is somewhat confident that a […]

Why Is Goldman On A Buying Spree For Delinquent Mortgages

Last year Goldman Sachs entered into a settlement with federal and state governments over its role in packaging and selling toxic mortgage-backed securities in the housing meltdown to unsuspecting buyers while subsequently turning around and shorting those very same securities.  As part of the settlement, Goldman agreed to provide $1.8 billion in homeowner debt relief […]

Goldman Warns, Trump Budget “More Notable For What’s Not Included”

As expected, the White House has released topline spending totals for government agencies in FY2018, endorsing a $30bn nominal cut in congressional appropriations. However, as Goldman Sachs details, the release includes no projections of the overall fiscal path or economic assumptions, and includes no discussion of tax reform or infrastructure proposals. Those details are expected […]

Goldman Sachs completes acquisition of Treasury Department

gata.org / By Eric Beech via Reuters / May 14, 2017 President Donald Trump will nominate Goldman Sachs banker James Donovan as deputy Treasury secretary, the White House said Tuesday, adding another alumnus of the Wall Street investment bank to his administration. Treasury Secretary Steven Mnuchin and National Economic Council director Gary Cohn are also former […]

Rate Hike Hammers Dollar; Stocks, Bonds, & Bullion Soar

Before we start, we want to point out that if the Atlanta Fed GDPNOW forecast of 0.9% for Q1 is correct, this will be the weakest economic backdrop for the economy for a rate hike since 1980!! (according to Bloomberg data).   All we can say is…   The reaction post-Fed was dramatic to say […]

Trump Nominates Another Goldman Banker For Key Treasury Position

In the latest creeping takeover by Goldman Sachs of the White House, overnight the White House announced that Donald Trump will nominate another Goldman Sachs banker, James Donovan, for a key financial post as deputy Treasury secretary, the White House said on Tuesday, adding another alumnus of the Wall Street investment bank to his administration. […]

Mobileye Shares Soar On Intel Acquisition Report, Citron Shorts Crushed

Intel has agreed to buy Israeli technology firm Mobileye for $14-$15 billion according to a report in Israeli financial newspaper TheMarker, sending MBLY shares soaring over 30% higher premarket. An official announcement of the acquisition, the largest ever for an Israeli high-tech company, is expected later on Monday, TheMarker reported on its website. Mobileye, which […]