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9 mentions found


☆ Goldman Sachs' Luke Barrs on Nvidia: In the short term, we remain very optimistic
  + stars: | 2024-06-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs' Luke Barrs on Nvidia: In the short term, we remain very optimisticLuke Barrs, Goldman Sachs global head of client portfolio management, joins 'Money Movers' to discuss how other central banks will influence the Federal Reserve, whether the commentary from the week's Federal Reserve meeting will be important, and how Barrs advises clients.
Persons: Goldman Sachs, Luke Barrs, Barrs Organizations: Nvidia, Federal Reserve, Reserve
☆ In the Red Sea resort of Eilat, Israeli survivors from October 7 face a new threat
  + stars: | 2023-11-21 | by ( Rebecca Wright | Nic Robertson | John Torigoe | ) edition.cnn.com   time to read: +12 min
More than a quarter of the community of 400 people in Nir Oz were either killed or kidnapped, residents say, making it one of the worst affected kibbutzim. RPG on houses, grenades on civilians.”The Barr family were lucky to have a safe room which locked from the inside. Yonathan and Uri Barr's house, safe room where they hid with lock on door. “(Uri) was crying in the safe room because of that.”The family with whom Yoav was staying also survived in their safe room, and the Barrs were reunited later that day, after the Israeli military arrived. “I don’t think we can go back to Nir Oz because what we’ve been through is horror,” Yonathan Barr said.
Persons: ”, Jonathan Dekel, Chen, Nir, “ It’s, Sagui, Sagui Dekel, Rebecca Wright, Dekel, ” Dekel, Israel, Nir Oz, Uri Barr doesn’t, Yonathan Barr, Uri, ” Uri, Noam, Dad, Yonathan, “, ” Yonathan, Barr, Uri Barr's, Yoav, Eitan, Uri Barr, Yonathan Barr Nir Adar, ” Adar, Adar, Rani, Tamir, he’ll, “ I’m, Nir Adar, Nir Adar ‘, what’s, Jake Sullivan, we’ve Organizations: Israel CNN —, CNN, Hamas, White, National Locations: Eilat, Israel, Iran, Yemen, ”, Red, Syria, Gaza, Jordan, Aqaba, Uri, “, Eden, Connecticut, United States
☆ The biggest home buyers in America are now selling more property than they're buying
  + stars: | 2023-05-19 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +5 min
Commercial property headwinds aside, today we're looking at the residential housing market, which is undergoing its own shifts, but not exactly in the same direction. Tell someone that the housing market is so unfavorable right now that the biggest home buyers in the country are actually net sellers now. American Homes 4 Rent, for example, bought 312 single-family homes and sold 666 to start the year. Similarly, Invitation Homes, the largest owner of single-family rentals in the US, bought 194 homes and sold 297 in the first quarter of 2o23. Naturally, the housing market has slowed down for everyday Americans, too, given the steep mortgage rates and lack of affordability.
☆ Market misjudging fundamentals in some top tech businesses, says Goldman's Luke Barrs
  + stars: | 2023-05-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket misjudging fundamentals in some top tech businesses, says Goldman's Luke BarrsLuke Barrs, Goldman Sachs head of client portfolio management, joins 'Squawk on the Street' to discuss Bars' thoughts on where investors should place their money, if the day's moves are reacting to the debt ceiling debate and much more.
☆ These are the 6 best long-term investing opportunities right now, according to a global portfolio management head at Goldman Sachs
  + stars: | 2023-05-18 | by ( James Faris | ) www.businessinsider.com   time to read: +8 min
Investors should take a long-term view of the market, according to Luke Barrs of Goldman Sachs Asset Management. A long-term focus keeps Barrs level-headed when faced with a constant barrage of concerns that leads some to panic-sell. 6 places to put your money right nowAfter breaking down his investing philosophy, Barrs shared six investments he likes right now. Going forward, emerging markets stocks should benefit from a weaker US dollar, stronger earnings, and China's continued economic reopening, which is leading to a tourism boom. Within emerging markets, Barrs especially likes India.
☆ Hong Kong to resume hamster imports a year after mass cull over Covid
  + stars: | 2023-01-06 | by ( Marie Brockling | Dorothy Kam | ) www.nbcnews.com   time to read: +3 min
HONG KONG — Hong Kong is lifting a ban on the importing of hamsters for sale, a year after it ordered more than 2,000 hamsters and other small mammals to be culled in an effort to prevent pets from spreading Covid-19 to people. The Hong Kong government ordered the culling last January after a small virus outbreak was traced to a pet shop called Little Boss that had imported hamsters from the Netherlands. Hong Kong residents who had recently purchased hamsters were advised to surrender their pets, shops selling hamsters were temporarily shut down and an import ban was enacted. But at the time of the Hong Kong government’s decision last year, the Chinese territory was following a strict “zero-Covid” approach in line with mainland China, leading officials to act aggressively. In recent weeks both Hong Kong and mainland China have relaxed anti-Covid restrictions that minimized cases and deaths but also caused widespread public frustration.
☆ Analysis: Investors count on bonds to rescue battered 60/40 portfolio in 2023
  + stars: | 2022-12-21 | by ( David Randall | ) www.reuters.com   time to read: +5 min
A 60/40 portfolio, which typically allocates 60% of assets into stocks and 40% into bonds, counts on moves in the two asset classes to offset one another, with stocks strengthening amid economic optimism and bonds rising during uncertain times. So-called 60/40 portfolios, which mix stocks and bonds, are on place for their first down year since 2018. Though market participants tend to avoid bonds during inflationary times, they are a popular destination for haven-seeking investors when the economy wobbles. Consecutive annual declines in the 60/40 portfolio have been rare. Higher-than-expected borrowing costs or rebounding inflation could deal another blow to investors in both stocks and bonds.
☆ Goldman Sachs boss David Solomon is way more pessimistic than his own analysts – he sees just a 35% chance the Fed avoids a recession
  + stars: | 2022-12-07 | by ( George Glover | ) www.businessinsider.com   time to read: +3 min
There's just a 35% chance of a 'soft landing' scenario where the Federal Reserve avoids a recession, according to Goldman Sachs CEO. Even Goldman Sachs will have to make cuts in a downturn, according to Solomon. Speaking at the Wall Street Journal's CEO Council Summit, the Goldman Sachs boss shared a bearish economic outlook that makes him significantly more pessimistic than his own analysts. Goldman Sachs' head of client portfolio management said Tuesday that the Fed will probably be able to achieve a soft landing. Solomon also said that after hiring aggressively over the past two years, Goldman Sachs will likely have to make some cuts as the economy suffers a slowdown.
☆ A soft landing is more likely than not, says Goldman Sachs' Luke Barrs
  + stars: | 2022-12-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA soft landing is more likely than not, says Goldman Sachs' Luke BarrsLuke Barrs, global head of client portfolio management at Goldman Sachs Asset Management, joins 'Closing Bell' to discuss long term equity investment, terminal rates for fixed income markets, and the growing potential for a soft landing.
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