Overall this is good for the global markets Gains in energy and materials shares, coupled with improving investorsâ€™ sentiment after the Berkshire Hathaway’s latest deal pushed stocks higher, while Treasuries dropped. Uncertainties over the Fedâ€™s rate hike in September pulled the dollar lower and gold rose. Oil jumped after a rally in U.S. gasoline and
Goldman reports highest profit in 5 years as trading picks up Goldman Sachs Group reported its best quarterly profit in five years, notching up big gains from trading bonds and currencies as global markets gyrated during the first three months of the year.
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.