Some experts are warning that the economy will take a “major hit” next year as the Fed struggles to combat inflation. For example, Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year, albeit a "moderate" one, thanks to the combination of surging inflation and rising interest rates. Weekly price of Deutsche Bank stock was bounced from 9.46 bearish support area to above for crossing Ichimoku ...
Apple announced a slew of new services at its event on Monday, including the Apple Card, a credit card that Apple is offering in partnership with Goldman Sachs and Mastercard. In this note, we take a look at what the new card could mean for Apple’s growing services business using Trefis data. more...
Goldman says bet on expansionary policy from the ECB and lower oil prices helping developed world consumers in 2015. Global markets have been subject to the actions of central banks around the world for the better part of the last decade, and judging from Goldman Sachs’ top trade ideas for 2015, investors should expect more of the same. Goldman Sachs’s global marco market research team, led by Francesco Garzarelli, outlined ...
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