The biggest US banks including Goldman$Goldman Sachs(GS.US)$, BofA$Bank of America(BAC.US)$, Citi$Citigroup(C.US)$and Wells Fargo$Wells Fargo & Co(WFC.US)$boosted their dividend payouts after passing the Fed's annual stress test.But the US banking sector's average forward dividend yield of 4.00% (as per consensus for the year ahead), still lags under Australian counterparts. American Banks...
Goldman Sachs' Hedge Fund Business Chief: It's time to reduce U.S. stock exposure. Due to factors such as the continued expansion of the U.S. fiscal deficit and high market concentration, the risk of a correction in U.S. stocks is increasing. Goldman's Capital Flow Expert: Warns that bulls will start reducing positions after July 4. JP Morgan Strategist: Warns that the S&P 500 index could plummet by 23% by the end of the year. Continuous h...
Game-Changer: Morgan Stanley Wealth Management, With $2.1 Trillion In Assets Has Rolled Out Its Generative AI Assistant 'Debrief' Debrief, acts as notetaker, meeting summarizer and first draft communication composer for client meetings. MS is OpenAI's single strategic wealth management partner. One advisor said: "It's saving me about half an hour per meeting just by handling all the notetaking. This has really freed up my time ...
Dear all, I am happy to share my little investment reflection for Y2024! I have learned that the more frequency you traded, you gained much better view on how the market is moving and hence you know the trick and won’t be able to be fooled by the market! Through my own experiences, I've indeed learned valuable lessons and gained a deeper understanding of the market. I made mistake and I am not ashamed to admit because I know I will be better each day. Over ti...