Dodge Dorland, Chief Investment Officer, Landor & Fuest Capital Managers, NY
14-Nov-18 12:25
Goldman Sach's shares have been hit and it continued to slide overnight falling precariously above the US$200 level. It ended at US$205.05 overnight - a far cry from its record high of US$270.77 in March eight months ago.
Some believe the drop in stock price is due to the 1MDB scandal while others believe Goldman’s stock has been hit due to the broader weaker market.
Dodge shares his insights on this and believes it does not present a buying opportunity for the stock until investigations are over.
We also discuss the broader weaker markets - is this a buying opportunity?
We also look into oil prices that is trading into bear territory.
Presented by: Melisa Idris, Joyce Goh, Tan Chung Han
Created by Tan KW | Nov 05, 2024
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