Goldies CFO Harvey Schwartz has been popping up on the wires with the earnings call as Yellen was yabbing and he says that they will probably raise their headcount in H2 2014
- Firms ability to recruit talent feels strong
- Volatility levels feel like they’re bottoming from historically low levels in many markets
- Two thirds of equity gains driven by events
- Activity increased after ECB rate decision
- Has reduced assets in a proactive response to regulation
On the US economy he says that he doesn’t see inflation in the forecasts and the impact from a rate rise will depend on the market’s expectations. Fed tapering has been executed quite well and the market has adjusted to it.
He also adds that as far as taxes go they are a high taxpayer
He will also be buying extra supplies of turtle wax to polish Goldman’s halo with
