ELAM: New Highs in Stocks, Oil Lags [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
Last week I heard the term wage price spiral for the first time in decades. The Longshoremen raised their wage offers from 25 to 62% over the next few years. Boeing machinists are on strike now. Stellanits is suing its Union. The term means that in an inflationary period, organized labor demands and gets higher raises. This feed on itself as companies raise prices to pay those higher wages. And then another round of wage demands raises wages and then prices. China is starting to look like Japan in 1989. For two decades the Japanese expansion was a world-wide wonder. Prices of homes in Hawaii soared as the money that never sleeps found a new home. But stock prices topped. Japan believes in a government that covers for its business sector. The reluctance to write off bad loans led to lost decades.' China has become the new manufacturing hub for the US. But its one child policy now imperils a reliable growing work force. Some 90 million home units now sit vacant. Evergrande and Ch
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GS
Earnings
- 10/16/24 - Beat
GS
Sec Filings
- 10/18/24 - Form 424B2
- 10/18/24 - Form 424B2
- 10/18/24 - Form 424B2
- GS's page on the SEC website