Private Equity and Business Update 10-18-21 #1

In this episode Scott discusses:

1. After a stock market surge Thursday and Friday, futures point down this am, but not dramatically.
2. The ten year treasury yield has recovered 5 basis points plus to open today close to 1.57 or so.
3. Oil prices move past $85 a barrel.
4. China’s growth rate dropped to 4.9 percent in the 3rd quarter.
5. Goldman saw a 60 percent increase in profits and a 20 percent increase in revenues in the 3rd quarter.
6. Goldman’s CEO, David Solomon, said he is watching closely developments in Washington DC, inflation, COVID-19, and the US China relationship.

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