twitter.com/RetirementRight/status/1569391077228171264
This bond selling pressure is something I still can’t believe what I see. t.co/5okAk9EnVd
— GregTheAnalyst (@Analyst_G) September 12, 2022
Steepest divergence between S&P Futures vs S&P 500 ever.
Contract roll today. Buckle up pic.twitter.com/MQWzG3L8Ws
— Financelot (@FinanceLancelot) September 12, 2022
Jim Cramer is saying stocks have "bottomed" (again). pic.twitter.com/LMWtJmeKU3
— Hedgeye (@Hedgeye) September 12, 2022
Stocks surge as economy continues to weaken.
— Douglas A. Boneparth (@dougboneparth) September 12, 2022
Goldman Sachs set to cut jobs this month
NEW YORK, Sept 12 (Reuters) – Goldman Sachs Group Inc (GS.N) will cut jobs as early as this month after pausing the annual practice for two years during the pandemic, according to a source familiar with the plans.
The Wall Street giant typically trims about 1% to 5% of its staff each year, and the 2022 cuts will likely be in the lower end of that range, the source told Reuters. The staff reductions may begin as early as next week, the person said.
Goldman’s headcount swelled to 47,000 at the end of June, up 15% from a year earlier. A 1% cut to staffing would imply a reduction of about 500 bankers.
The New York Times earlier reported on the upcoming layoffs, citing two people familiar with the plans.