Goldman Sachs (GS) executive says private markets clients ‘glad’ for Iran war ‘distraction’, FT reports
The comment from Goldman Sachs suggests that certain clients are using geopolitical tensions, like the Iran war, to reassess their investment strategies, viewing these events as market distractions rather than detrimental threats.
Mercuria plans to pull large amounts of aluminium from LME stocks, according to reports
Iran Parliament Speaker says "Iran can target any location it chooses with fewer missiles."
Goldman Sachs (GS) executive says private markets clients ‘glad’ for Iran war ‘distraction’, FT reports
US sold 17-week bills at a high rate of 3.600%, B/C 3.19x
Freedom Caucus Chair Andy Harris says the major Senate housing bill cannot pass the House without changes, Politico reports; Senate GOP leaders want to vote on it as soon as tomorrow
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- Says that some of Goldman’s clients “are quite resilient” and “have lived through episodes that are similar in some ways”.
This perspective could indicate confidence in broader market resilience, which might influence trading strategies, particularly in equities and commodities that are susceptible to geopolitical risks.
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