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Goldman Economist: US Consumers Maxing Credit Cards Will Lead To Late 2022 Spending Collapse
In March, credit card debt soared by a record $52.4 billion, the biggest monthly increase on record and more than double the expected change
May 18, 20221 min read
BIDENOMICS: Goldman Slashes 2022 GDP Forecast Again, Warns Of "Sharp Deceleration" In Growth"
Two months after we warned that the Fed is hiking into a recession, The downgrades of the US economy are now coming in fast and furious.
Feb 2, 20221 min read
Goldman Lost $500MM Trading Stocks In Q4 As It Quietly Sold Even More Billions In Equities
There was a troubling disclosure in the bank's Asset Management division, formerly known as Goldman Prop.
Jan 18, 20221 min read
New York “Can’t Take Its Standing For Granted” — Goldman Sachs CEO Issues Warning To NYC
Democrats killing NYC. Goldman Sachs CEO David Solomon warned New York City about high taxes & unfriendly business environment.
Dec 27, 20211 min read
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