Goldman Sachs Billion-Dollar Bet: Private Markets for Everyone?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Goldman Sachs is opening up the exclusive world of private market investments to everyday investors! CEO David Solomon unveils a billion-dollar partnership with T. Rowe Price, paving the way for retail investors to access alternative investments, particularly in retirement products. Solomon hints at potential future acquisitions and dismisses fears of restrictive Fed policies, fueled by a resurgence in mergers and acquisitions, driven by the AI boom, reaching a staggering $2.6 trillion this year. Hosted on Acast. See acast.com/privacy for more information.