Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.
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The shift highlights the growing footprint of traditional firms in the digital asset industry, and signals renewed confidence in crypto.
CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.