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Goldman Sachs warns that the Fed's reduction in debt purchases may cause US stocks to be sold off in the short term
Original title: “Reducing Panic” Repeated? Goldman Sachs warns that the Federal Reserve's reduction in debt purchases may cause US stocks to be sold off in the short term Source: FX168 Famous investment bank Goldman Sachs (Goldman Sachs) believes that the Federal Reserve (FED) suggests that its intention to reduce asset purchase plans may cause the US stock market to suffer a short-term sell-off. Goldman Sachs said the Federal Reserve may lay the foundation for scaling down asset purchases at the September meeting before advancing the plan in early 2022. Goldman Sachs expects the Federal Reserve to cut asset purchases of $10 billion worth of treasury bonds and $5 billion of mortgage-backed securities every month. 20
FX168Aug 3, 2021 16:36
Worthy of being a “stock god”! Buffett earned $8 billion by investing in American Express alone this year
Original title: Worthy of being a “stock god”! Buffett earned 8 billion dollars by investing in American Express alone this year Source: Berkshire Hathaway (Berkshire Hathaway), a subsidiary of “FX168 stock god” Warren Buffett (Warren Buffett), received $8 billion in revenue from American Express (American Express) this year. Since investing in this financial services company began in 1994, total revenue has reached nearly $25 billion. According to the well-known financial website “Business Inside” (Business Inside)
FX168Aug 3, 2021 16:10
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