There are perks to being one of Goldman Sachs’ (NYSE: GS) elite clients, and beating the market this year appears to be one of them. The investment bank offers its clients 39 exclusive portfolios, almost all of which are beating the market this year. Of the 39, 34 of these secretive portfolios are outperforming the […]
Read MoreOne of the interesting things to observe in the economy during the late upward stages of an economic cycle is consumer lending. A struggling economy usually prompts the Federal Reserve to lower interest rates in an effort to encourage more business activity. Lower interest rates mean cheaper borrowing for businesses and individuals. For the purposes […]
Read MoreFor the first time in a decade, investors are better off with safe, liquid securities like cash than with the S&P 500 Index. That’s according to JPMorgan Asset Management, with $260 billion under management. JPMorgan’s multi-asset strategy team upgraded its recommendation this week on U.S. cash to overweight for 2019. “Our cash and duration overweights […]
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