Generative AI is Miracle Technology for Profit-Hungry CEOs: PwC Survey
Step aside, CFOs: New generative AI technology stands to supplant you as your CEO's best friend.
Blackstone, Oaktree Burned by Morgan Stanley’s Block-Trade Leaks
In March 2019 Blackstone executive emailed Morgan Stanley’s Pawan Passi seeking help to exit investing giant’s most lucrative real estate bets ever.
Scaramucci Says He’ll Do Everything He Can to Keep Biden in White House
Anthony Scaramucci, said in a interview that he plans to campaign for President Biden if Trump wins the Republican presidential nomination in 2024.
Goldman Posts 51% Gain in Last Quarter of David Solomon's Most Challenging Year as CEO
Goldman Sachs (GS) in 2023 recorded the lowest profit since David Solomon’s first year as CEO but posted a sizable gain in Q4.
Orion: Adding Gains to Your Fixed Income Portfolio
(Orion/Brinker Capital) It is no secret that bonds have had a tough couple of years. They experienced back-to-back negative returns in 2021 and 2022, while exhibiting higher volatility and higher correlations with equity markets. Altogether, it raises the issue of whether they can continue to serve their historic role: a low-volatility ballast within a portfolio that diversifies away from equities. Even heralding 2023 as the "year for bonds," as many did, seems in retrospect premature, if not outright wrong.1