WS #12043
Goldman Sachs reports better-than-expected Q2, CEO says AI buildout still early, deal backlogs at 5-year high, sponsor-backed volumes subdued. US CPI fell 0.4% in June, first decline since 2020, driven by falling gasoline prices; reduces immediate Fed hike odds but oil spike may offset. BofA Global FMS shows cash levels plummeting, a contrarian sell signal; oil price expectations point to $70-80 by year-end.
Goldman Sachs Q2 Earnings / CEO Commentary
Goldman Sachs reports better-than-expected Q2, CEO says AI buildout still early, deal backlogs at 5-year high, sponsor-backed volumes subdued.
US CPI fell 0.4% in June, first decline since 2020, driven by falling gasoline prices; reduces immediate Fed hike odds but oil spike may offset.
BofA Global FMS shows cash levels plummeting, a contrarian sell signal; oil price expectations point to $70-80 by year-end.