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21.01.26 - 13:30
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World Cup Lift: Goldman Forecasts Retailers′ Potential Bounce From The ′Beautiful Game′ (ZeroHedge)
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World Cup Lift: Goldman Forecasts Retailers' Potential Bounce From The 'Beautiful Game'
Believe it or not, the 2026 FIFA World Cup is just five months away, spanning 11 stadiums across 11 U.S. metro areas.
Expected foot traffic trends suggest meaningful pre-event demand for fan gear, such as jerseys, hats, and jackets, at nearby sporting goods retailers as the tournament kicks off in early June.
Goldman Sachs Managing Director Kate McShane told clients on Tuesday that Academy Sports and Outdoors and Dick's Sporting Goods stores near the FIFA World Cup will likely see a tick up in foot traffic.
"We found that ~14% of ASO stores are within 25 miles of the World Cup stadiums, compared to ~12% at DKS, while noting ASO has a relatively smaller store base concentrated in the Southeastern US," McShane said.
McShane explained:
ASO and DKS footprint analysis
There are 11 FIFA World Cup stadiums in the US, with locations consisting of Atlanta, Boston, Dallas, Houston, Kansas City, Los Angeles, Miami...
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20.01.26 - 23:00
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Goldman Exec Denies Plan To Oust Top Lawyer Over Epstein Revelations (ZeroHedge)
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Goldman Exec Denies Plan To Oust Top Lawyer Over Epstein Revelations
A senior Goldman Sachs executive says rumors of a plan to oust general counsel and top adviser to CEO David Solomon, Kathryn Ruemmler, are "completely untrue," after recent document dumps from Jeffrey Epstein's estate revealed that she was far closer with him than previously known.
Ruemmler - a former top legal advisor in the Obama administration - told Goldman execs when they hired her that her relationship with Epstein was purely professional and stemmed from her time as a white-collar defense attorney at Latham & Watkins. It would later become public that she not only met with Epstein dozens of times and exchanged friendly emails for years, she was listed as an executor of Epstein's will as recently as Jan. 18, 2019 - which had been removed before he died in prison on Aug. 10 of that year.
She was hired at Goldman in April 2020 as the bank's head of regulatory affairs. In November of that year, she was...
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20.01.26 - 21:36
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Goldman′s Kaplan Sees Fed Maintaining Its Independence (Bloomberg)
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Goldman Sachs Vice Chairman Robert Kaplan says all of the candidates to replace Federal Reserve Chair Jerome Powell "can do it." Speaking with Julie Fine, Kaplan also says Fed rates are "at about neutral" and discusses the economic impact of tariffs. (Source: Bloomberg)...
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20.01.26 - 18:06
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KDIPA and Goldman Sachs on Gulf Investments (Bloomberg)
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H.E. Dr. Sobeeh A. A. Almukhaizim, Minister of Finance & Minister of State for Economic Affairs & Investment, Kuwait and Anthony Gutman, Co-CEO, Goldman Sachs International discuss fostering growth in the Gulf region with Bloomberg's Lauren Kiel at Bloomberg House in Davos on the sidelines of the 2026 World Economic Forum. (Source: Bloomberg)...
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