Goldman Sachs Abruptly Raises Targets for S&P 500, Predicts Fed Cutting Rates Earlier Than Expected: Report

Analysts at the financial giant Goldman Sachs upgraded their S&P 500 projections amid new predictions for rate cuts from the U.S. Federal Reserve. Goldman Sachs Research economists say there’s more…

Continue ReadingGoldman Sachs Abruptly Raises Targets for S&P 500, Predicts Fed Cutting Rates Earlier Than Expected: Report

BlackRock Suddenly Snubs US Government Bonds, Shifting to This Geography Amid Sticky Inflation Concerns: Report

The world’s largest asset manager has reportedly turned on US Treasuries. In a report seen by Bloomberg, BlackRock Investment Institute strategists recently upgraded their view on European government bonds from slightly…

Continue ReadingBlackRock Suddenly Snubs US Government Bonds, Shifting to This Geography Amid Sticky Inflation Concerns: Report

‘Big Short’ Investor Steve Eisman Says US Budget Deficit ‘Nothing To Talk About’ Due to Insatiable Demand for Treasuries

One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off concerns over the rising US budget deficit. In a new…

Continue Reading‘Big Short’ Investor Steve Eisman Says US Budget Deficit ‘Nothing To Talk About’ Due to Insatiable Demand for Treasuries