Month: November 2019

https://www.cnbc.com/2019/11/01/goldman-sachs-says-antitrust-concerns-will-pressure-facebook-google.html Goldman Sachs downgrades the communications services sector to a neutral rating based on regulatory pressure and expected lackluster performance. “Antitrust lawsuits typically take years to resolve but ultimately result in lower valuation,” writes David Kostin, chief equity strategist at Goldman Sachs. Whether Kostin’s caution is called for will depend on coordination between lawmakers on … Read more

https://finance.yahoo.com/news/berkshire-profit-climbs-record-buffett-120912867.html (Bloomberg) — Berkshire Hathaway Inc.’s operating profit jumped 14% to a record as Warren Buffett’s conglomerate saw gains from its railroad and got some long-awaited earnings from Kraft Heinz Co. Operating earnings climbed to $7.86 billion in the third quarter as investment income rose and Berkshire’s reinsurance group had the first underwriting profit in … Read more

Japan faces a stark choice these days: Either open up to gaijins—foreigners—or face economic collapse. There was a time Japan was the world’s second largest economy, on track to bypass the world’s largest economy, the US. Scores of books and editorials praised the country’s advantages. Like its state of the art management, hard working and well-disciplined labor … Read more

Deutsche Version Investors are hearing encouraging news. The trade dispute between the US and China seems to cool off. The risk of a chaotic Brexit is receding. The yield-curve is back to normal. Nevertheless, the reaction of equities and bonds remains relatively modest. «The markets are still kind of in this no-man’s-land trying to figure … Read more