Peter Oppenheimer, chief global equity strategist at Goldman Sachs, says European stocks have remained resilient and have "done rather well" in the face of inflationary pressures and rising bond yields. He also comments on French bond yields. Speaking on Bloomberg Television, Oppenheimer says the profit story "is still solid," but should markets experience a further sharp bond selloff, equities could "become vulnerable." (Source: Bloomberg)
Hao Dong, a former commodity portfolio manager at Singapore’s sovereign wealth fund GIC Pte., is starting a hedge fund that is seeking to raise as much as $300 million to invest in raw materials and other assets.
The new Zakura nodes caught up with the network in just over six hours in Gemini’s deployments. The crypto exchange’s previous software took close to a day.
Key PointsIt’s been a year of historic change at the nation’s central bank, with new Fed Chair Kevin Warsh kicking off only the fourth rate-hiking cycle of the 21st century on Sept. 16.