It is the 15th of September 2019

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Did Dalio Just Turn Bullish On US? Now Sees Only 25% Chance Of Recession

Bridgewater founder Ray Dalio must still be feeling the after-effects from all those psychedelics he ingested during his latest stint at Burning Man, because his latest take on recession odds - which he shared with David Rubenstein during an interview on Bloomberg TV Thursday - is surprisingly low...

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Goldman CEO Solomon Launches Purge Of Firm's "Bloated" Partner Pool

As we've pointed out in the past, as the biggest banks look to boost profits during an era of NIRP and ZIRP, when net interest margins have been squeezed to levels that some believe are threatening the viability of the banking system, headcounts will inevitably be reduced - and senior employees won't be immune.

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