This year’s surge in mergers and acquisitions has rewarded Goldman Sachs with a 150-percent gain in its second-quarter profits, lifting them to $3 billion.
Tag: U.S. economy
BOND MARKETS REVIVE THE “TRUMP TRADE”
“Trump trades,” popular when Donald Trump won the presidency in 2016, are trades that capitalize on a pro-business climate of deregulation, low interest rates, and tax cuts.
VANCE SELECTION COMPLETES GOP SHIFT TO ECONOMIC POPULISM
Donald Trump’s choice of Ohio senator J.D. Vance as his running mate “cements the Republican Party’s shift from the free-market conservatism of the Reagan and Bush eras to the economic populism of the Make America Great Again movement,” the Financial Times said last week.
ECONOMIC UPDATE—MARKET OVERVIEW
As trend forecasters, we note that “Opportunity misses those who view the world through the eyes of their profession.” What this means is that when a person is deeply absorbed with whatever sector of work they live in, and stuck in a political/social belief system, they are blind to the essential current events forming future trends.
SPOTLIGHT: BIGS GETTING BIGGER
JPMorgan Chase’s investment banking fees rocketed up 50 percent in this year’s second quarter compared to the same period last year, the bank said.
SECURITY OF GOVERNMENT’S DATA AT RISK, STUDY SAYS
The security of the U.S. government’s data on jobs, consumer spending, crime, education, demographic trends, and other fields is at growing risk, according to a new study by the American Statistical Association.
VENTURE FUNDS RETURN TO DIGITAL HEALTHCARE COMPANIES
During the COVID War, venture investments funneled billions into telemedicine and other digital health services, giving the sector $29.2 billion in 2021 alone, investor Rock Health reported.
PRODUCER PRICES RISE IN JUNE
Last month, the prices businesses charge for the products they make or the food they grow rose 0.2 percent from May and 2.6 percent year on year, the Bureau of Labor Statistics reported.
MORE HOUSEHOLDS NOW STRUGGLING
Old news to Trends Journal subscribers, but now it’s finally making the mainstream media... U.S. consumers are being squeezed harder between high interest rates, heavy debts, and depleted savings…
INFLATION SLOWS AGAIN IN JUNE
In June, the U.S. Consumer Price Index (CPI) fell to 3 percent, compared to 3.3 percent in May, the labor department reported.