Investing in China, Goldman Sachs Job Cuts & Soaring Insurance Costs 5/30/23
Mike Mayo, Wells Fargo Securities senior banking analyst, discusses Goldman Sachs as the bank is reported to have another round of layoffs and the upside for investing in banks. Dennis Unkovic, partner at Meyer, Unkovic and Scott, discusses business leaders visiting China, China-U.S. relations and investing in the Chinese market. David Wagner, Aptus Capital portfolio manager, discusses three stocks: Nvidia, Apple and Visa. Hugh Johnson Economics’ Hugh Johnson and The Wall Street Journal’s Greg Zuckerman, discuss the ‘zen market’ and what’s keeping the market calm. Plus, David Motemaden, Evercore ISI managing director, discuss the health of the insurance sector as natural disasters impact premiums.
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