Institutional investors have even begun to expect deflation more than inflation, despite having held the opposite view just a week ago: Goldman: Clients are uniformly bearish, led by the macro community. Deflation now ranks much higher as an investor concern than inflation, which until just a week ago was still viewed as the greater risk. Concerns articulated by various investors included the prospect of a relapse in US housing; weak job formation leading to further slowdown in consumer spending; and legislative and regulatory uncertainty that eroded CEO confidence and curbed capital spending plans. Excerpt Read more at businessinsider. Well, we never have had a Halfrican for Prez B4?
Gephardt gives Boeing advice
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By Lauren Tara LaCapra. Blankfein listens to U. And billions more could be at stake if regulations now being drawn up are extra-tough. Wall Street chiefs do not often lobby top regulators directly, but this issue is unusually important to Goldman. Indeed, lobbying disclosures show Goldman representatives have been working both sides of the political aisle and meeting with top officials in the White House and regulatory agencies. One big area of concern for Goldman is that regulators who are interpreting the Volcker rule will severely limit the amount of time a bank can hold a security or derivative.
Post a Comment. Tuesday, March 15, Where's Dick Gephardt? He might be joining Goldman Sachs. Gephardt, 64, declined through an aide to say what his role will be.
The Missouri Democrat, who twice failed in his bid to win the Democrats' presidential nomination, said through an aide he would not lobby though he declined to provide further details about the role he would play. A Gephardt adviser said the former House majority and minority leader is also negotiating with several law firms, including St. Louis-based Bryan Cave, where his former chief of staff, Steve Elmendorf, is heading up a strategy group. The adviser said that Gephardt has also talked with two other law firms and was planning to serve on the board of St.