Bloomberg Surveillance
Surveillance: Mayo on Future of GS
Aug 14, 2023
Mike Mayo predicts Goldman Sachs shares would go down if CEO David Solomon were fired. Sebastien Page warns of a potential selloff in stocks. Elsa Lignos states the FX market is in a tight range. Henrietta Treyz discusses the likelihood of President Trump participating in the next GOP debate.
26:42
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Quick takeaways
- The tension between House Republicans and moderates is causing a divide on the debt debate in Congress.
- The issue of abortion has become a major factor that has swung voters' opinions in tight-margin states like Arizona and Georgia.
Deep dives
Debt debate in Congress focused on political wins instead of reducing spending
The tension between House Republicans and moderates is causing a divide on the debt debate in Congress. Instead of focusing on reducing federal spending, the dialogue is centered around political gains and issues such as immigration and the border.
