United States:
Wall Street Ends Crazy Year With Existential Angst and Big Bonuses
“As Goldman Sachs Group Inc. boss David Solomon chatted at a November dinner for retired partners, he mentioned that the firm will be among the country’s most profitable big public companies this year. But the veteran mergers banker Geoff Boisi was struck by how muted the excitement has been.”
Europe:
U.K. Economy Closer to Pre-Covid Levels Despite 3Q Downgrade
“The U.K. economy has recovered from the pandemic faster than previously thought despite a downgrade to growth in the three months through September. The Office for National Statistics said gross domestic product is now 1.5% smaller than at the end of 2019, an improvement on its previously estimated shortfall of 2.1%.”
Asia:
China’s Growth Seen Picking Up in 2022 on Policy Easing, MS Says
“China’s economy is expected to enter an upswing cycle in 2022, as policy makers shift from over-tightening to easing after a policy-induced economic downturn, Morgan Stanley says. China has already hit pause on their deleveraging efforts and started to ease both monetary and fiscal policies, the firm wrote in a report Tuesday, with more easing expected to come.”
Disclaimer:
Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
