ABU DHABI/WAM Heritage festivals organised by the United Arab Emirates have evolved into a unique …
Read More »Goldman says signs are here of belt-tightening impact to profits
Bloomberg The first hints that consumer belt-tightening is passing through to corporate earnings are coming in, posing a bigger risk to US equities than stock-selling by American households, according to Goldman Sachs Group Inc. High inflation and declining asset prices have started to strain household finances, Goldman strategists led by David Kostin wrote. They cited the 0.3% drop in …
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