Wall Street CEOs are sounding even more somber about the near future

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Some of Wall Street's top executives offered new warnings this week about the economy, the appetite for deal making and the state of the world.

"If you listen to the dialogue today, I’d say there’s great uncertainty," about new deal making among CEOs, Goldman Sachs boss David Solomon said Tuesday at the Future Investment Initiative, an annual gathering of CEOs and global leaders in Saudi Arabia.due in part to the corporate caution underpinning a long-running investment banking slump, a pattern that repeated at many big banks with sizable Wall Street operations.

who said when releasing his bank’s earnings on Oct. 13 that "this may be the most dangerous time the world has seen in decades" "Whether the whole curve goes up 100 basis points, I would be prepared for it," he said. "I don’t know if it’s going to happen, but I look at what we’re seeing today, more like the ’70s, a lot of spending, a lot of this can be wasted."

A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free 'This makes me so mad': Kevin Hart, Mark Cuban regret passing on the chance to invest in this multibillion-dollar company in its early stages — here's why it haunts them to this day

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street analysts on impact of rising yields on stocksSeveral Wall Street analysts, including Morgan Stanley's Mike Wilson and RBC Capital Markets' Lori Calvasina, published notes illustrating stock market risks...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street drifts lower as pressure rises from the bond marketNEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
Source: SooToday - 🏆 8. / 85 Read more »