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American Economy in free fall as Goldman Sachs Acquire ‘Folio’

Invesco

peter_IFAMAG reads Twitter so you don’t have to.


The economic situation in the United States worsens as Democrat party propose a $3 Trillion economic stimulus package. The US retail sector continues to suffer a ‘reckoning.’ Invesco announce, one time wonder boy, Mark Barnett is sacked. However Goldman Sachs look to the future as they aquire RIA custodian platform Folio for an undisclosed amount on money.

Folio has $11 Billion in assets though Goldman Sachs interest lies in company technology.

Coronavirus has taken toll on retai lindustry, that has been under squeeze from Amazon.

US politicians scramble to find solutions in divisive atmosphere.

Invesco sack underperforming stock picker Mark Barnett, read our article here.

 

Troubling news comes to light in the UK as cyberattacks in financial instutions rise in March. .


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