The threat of a U.S. recession remains alive in 2023. The consensus estimate on the probability of a meaningful downturn in the American economy in the next 12 months is at 65%, according to Goldman Sachs Research. But our own economic analysis rates that probability much lower, at 35%....
One answer (disquieting though it may be for those who wish to believe in ourcapturedregulatory agencies’ good intentions) is that good health is not profitable, whereas drug dependency is. It is well established that therise of chronic illnessin American children is coterminous with thechildhood...
The simple answer is that is what they are doing, inflating. The slightly less simple answer is that they inflated in 2001 and it worked (for gold, silver, commodities and eventually stocks, roughly in that order). It also worked in 2008-2009 (for gold, silver, commodities and eventually...
SSO scholarship (the SEF denies these figures). And as proof that SSO money is not just going to privileged kids, he finally asks, “Why would schools turn around and give the scarce financial aid that they have to the kid of Goldman Sachs’ president? It just doesn’t work that way....
While nothing is official yet, the termination of the Apple-Goldman Sachs partnership is widely expected, perhaps as early as next year. Is it viable over the long term? The economics of the brand itself can also play a role in the success of a co-brand partnership. Expensive Apple product...
Ex-Goldman Sachs hedge-fund manager Raoul Pal, recently claimed Bitcoin’s price could hit $1 million before the next halving event in 2024. But take any prediction on the Internet with a spoonful of salt.John McAfee, for example, made a lot of noise with a $1,000,000 Bitcoin prediction...
Gary Tharaldson is as self-made as they come. Growing up on a farm in rural North Dakota, Tharaldson made his money by buying and operating hundreds of motels and hotels. The wealth part came from selling a huge chunk of his portfolio to Goldman Sachs for more than a billion dollars. ...
Similarly, in court, if witnesses try to tell the whole truth, as they swear to God they will, they are usually cut off by the lawyers, or the judge who instructs them to just answer the question. Why public integrity fails, page 7 Journal of Academic and Business Ethics Still, most ...
Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin. Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a s...
Goldman Sachs recently estimated that the combination of higher tariffs and tighter immigration policy under Trump would shave around half-of-a-percentage point from GDP next year. That hasn’t stopped Trump from doubling down. And he’s said that his agenda — if enacted —...