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The universe is minting millionaires quicker than Goldman Sachs can keep up with them — and it’s making a happening off of them (GS)

“The universe seems to be flourishing abounding people faster than we can grow advisers to cover them,” CEO Lloyd Blankfein said.Matt Cardy/Getty Images Goldman Sachs’ private resources government business is bustling, adding $17 billion in long-term resources in 2017. The firm’s 700 resources advisers any beget a towering $4.5 million …

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ALBERT EDWARDS: There’s a dark risk that could accelerate the fall of the market’s long-running ‘financial Ponzi scheme’

China Daily/Reuters Notoriously bearish Societe Generale strategist Albert Edwards used Wednesday’s surprisingly clever acceleration information to disagree a marketplace tab is imminent. He’s quite worried about a probable dermatitis in the Japanese yen contra a US dollar that’s already diseased and being blamed for worsening inflationary pressures. One of Wall …

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The universe is minting millionaires quicker than Goldman Sachs can keep up with them — and it’s making a happening off of them (GS)

“The universe seems to be flourishing abounding people faster than we can grow advisers to cover them,” CEO Lloyd Blankfein said.Matt Cardy/Getty Images Goldman Sachs’ private resources government business is bustling, adding $17 billion in long-term resources in 2017. The firm’s 700 resources advisers any beget a towering $4.5 million …

Read More »

ALBERT EDWARDS: There’s a dark risk that could accelerate the fall of the market’s long-running ‘financial Ponzi scheme’

China Daily/Reuters Notoriously bearish Societe Generale strategist Albert Edwards used Wednesday’s surprisingly clever acceleration information to disagree a marketplace tab is imminent. He’s quite worried about a probable dermatitis in the Japanese yen contra a US dollar that’s already diseased and being blamed for worsening inflationary pressures. One of Wall …

Read More »