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Zero Edge

Goldman Paid Veteran Female Executive $12 Million After She Complained About Firm Being “Toxic For Women”

November 17, 2022 Mariel Alumit

Goldman Sachs reportedly paid “over $12 million” to a “veteran” female executive who complained about the company’s workplace being “toxic for women”. Two years ago the bank reached a settlement with the employee, according to […]

Midterms
Political

Goldman: What The Post-Midterms ‘Closer-Than-Expected, But Still Divided’ Government Means

November 9, 2022 Mariel Alumit

Despite all the prognostications of a ‘red wave, the (early) results of the Midterms elections appear to be barely a red ripple with both chambers seeing a much closer than expected split.   House races […]

Goldman
Finance

Goldman Predicts A Rally In Chinese Stocks The Daily Financial Trends

November 9, 2022 Mariel Alumit

Goldman Sachs has issued a note predicting that when the Chinese economy fully reopens, it will translate into a 20% rise in the nation’s equity markets. In the note the bank’s economists predict that in […]

Fed
Finance

“An Asymmetric Payoff”: Why Goldman Sees Gold Soaring 30% When The Fed Starts Cutting Rates

November 8, 2022 Stu Turley

In recent weeks, gold has been caught in a perfect vice of bullish and bearish forces. On one hand, the Hawkish Fed has continued to pile relentless pressure on the precious metal; to wit, during […]

Goldman
Finance

Goldman Predicts The Fed May Raise Rates To 5% The Daily Financial Trends

October 31, 2022 Mariel Alumit

Goldman Sachs Group Inc, has issued a new report predicting the US Federal Reserve may hike interest rates up to as high as 5% by March of 2023, raising its earlier predictions by 25 basis […]

Goldman
Finance

Goldman Downplays The Effect Of The Latest SPR Release The Daily Financial Trends

October 24, 2022 Mariel Alumit

In a Thursday note, Goldman Sachs said it believes the Biden administration’s plan to release more stocks from the Strategic Petroleum Reserve “as appropriate,” to try and drive oil prices down, poses only a small […]

Finance

Goldman Jumps As Traders Spark Q3 Revenue Beat But Total Earnings Plunge 45% As Investent Bank Slump Continues

October 18, 2022 Mariel Alumit

Concluding the big banks’ Q3 earnings reports, some of which were disappointing (MS), some were mediocre (JPM, Citi and Wells), and some were spectacular (BofA), moments ago Goldman Sachs reported a 43% Y/Y drop in […]

Goldman
Geopolitical

Goldman Reportedly Readying Major Structural Overhaul

October 17, 2022 Mariel Alumit

In a total reversal of his prior plans, Goldman Sachs’ CEO David Solomon appears set to unveil a major restructuring to the banks organizational structure.   The Wall Street Journal reports that the bank will […]

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