The Week That Matters (4-8 September, 2023)

"Wake me up when September ends" Billie Joe Armstrong

BRICS - stop drinking the cool-aid!

He might be wrong but it’s not clear to the author that Goldman Sachs Private Wealth Management has served its clients well over the years. They seem to sell their wealthy customers what they can get out the door, not what creates value. Remember pipelines? What about MLPs? They tend to recommend commodity funds at pea…