This chapter explores the diverging strategies of Goldman Sachs and Morgan Stanley, with Goldman downsizing in the consumer area and focusing on alternative investments, while Morgan Stanley remains steadfast. It also discusses the overall health of the US economy, potential opportunities for banks, and the impact of bank regulations.
Ken Leon, Global Director of Research at CFRA, breaks down big bank earnings and outlook. Hayley Berg, Economist at Hopper, shares her research on the travel outlook for 2024. Bloomberg Businessweek Editor Joel Weber and Bloomberg Intelligence Senior ETF Analyst Eric Balchunas talk about the Businessweek Magazine story From Great Bitcoin Race to RTO Trade, Five ETFs to Watch in 2024. And we Drive to the Close with Katy Kaminski, Chief Research Strategist and Portfolio Manager at AlphaSimplex.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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