Goldman Increases S&P 500 Target by 20% as Strategists Catch Up
Did Warren Buffett just bet against the US economy? His latest investment raises some questions
Warren Buffett has long been critical of gold as an investment, saying it “has no use” and that “magic metal” does not match “American mettle.” He once wrote that “Anyone who sees Mars will scratch his head” about how we treat the shiny game on this planet. However, the Berkshire …
Read More »JPMorgan CEO Jamie Dimon says ‘normal effects of recession’ will be delayed until later this year as early next year
Getty / Win McNamee JPMorgan CEO Jamie Dimon said in a Tuesday interview with MSNBC that “we are in a recession, but you will have a delayed effect to see the normal effect of recession.” The normal effects of the recession may not come until “late this year or early …
Read More »Banks and tech companies including JPMorgan, Google and Amazon form New York Jobs Council
Jamie Dimon, CEO of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images The CEOs of banks, tech companies and consulting firms form a group to encourage hiring from underrepresented groups in New York. Leaders of 27 companies representing much of New York’s dominant industry have teamed up …
Read More »Forget tencent risks: Asian technology is still a buy, these funds say