Bloomberg Markets
Bryon Lake, chief transformation officer and global head of third party wealth at Goldman Sachs Asset Management, and Troy Cates, co-founder of Neos Investments, join Scarlet Fu and Eric Balchunas on "ETF IQ." Goldman Sachs Asset Management will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed exchange-traded fund market. (Source: Bloomberg)
Bloomberg Markets
Vali Nasr, professor of international affairs & Middle East studies at Johns Hopkins University, said that he sees the declaration of new sanctions on Iran and its allies as a 'theatrical declaration' and less of a concrete move by the United States. Nasr said that the pressure on Iran's allies could potentially invite Chinese retaliation, which would widen the war 'out of the gulf and into the financial markets.' (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
US manufacturing is getting a boost from growing demand across defense, aerospace and drones. Protolabs is tapping into that demand, using digital manufacturing to produce custom parts in as little as a day. CEO Suresh Krishna discusses the opportunity on Bloomberg Open Interest. (Source: Bloomberg)
MarketWatch
That’s good for gold, stocks and long bonds. Eventually.
Yahoo Finance