What’s going on? The UK economy grew only 0.1% in July, 1/10 of the rate in June. What does this mean? While June was the end of a notably strong 2Q, which saw the UK economy grow 5%. T Things are now very different in 3Q, however: The government has withdrawn various economic support measures The supply…
Tag: Goldman Sachs
Ep 170: Record-breaking year of M&A and what’s behind
What’s going on? 2021 is on track to become a record-breaking year for M&A, with plenty of companies reporting double or triple-digit % increases in the # of deals they’re striking vs last year. What does this mean? $4 trillion worth of deals have taken place since the start of 2021, more than twice this time…
Ep 160: Deere’s promising update and the agriculture landscape
What’s going on? Deere & Co. posted better-than-expected earnings, as its agricultural equipment became a must-have for the industry. What does this mean? Farmers have been spending more on its machinery to meet demand, which brought Deere’s quarterly revenue and profit ahead of expectations by 11% and 16% respectively. And while that boom has started…
Ep 140: Oil price is expected to increase substantially
What’s going on? The oil price is expected to increase substantially sooner than Goldman Sachs thought. What does that mean? Demand for oil has finally started rebounding from 2020, with price increasing by more than 20% this year. But Goldman thinks that it’s only the beginning: it will rise another 20% by Q3. Some reasons:…
Ep 124: Vaccines elevates investments in ETFs
What’s going on? Investments in ETFs in Europe reached their highest levels since December 2019. An exchange traded fund (ETF) is a basket of securities that trade on an exchange, just like a stock. What does this mean? Investors have been celebrating the potential coronavirus vaccines by loading up on stocks: ETFs in Europe: raked…
Ep 107: Climb And Punishment
What’s Going On Here? Take a long look at your dividends, because they could be your last for a while: Goldman Sachs reckons coronavirus support for large companies has put cash payouts at risk. What Does This Mean? In its analysis of major European companies’ dividends, Goldman concluded that since this year’s payouts are mostly paid…
with HT 