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Happy hump day, team. I'm senior reporter Phil Rosen, writing to you just blocks away from where Goldman Sachs held their second-ever investor day on Tuesday.
If you're not familiar with investor days, it's basically when a company gives an update on where they stand and where they're going.
Goldman's first one was in 2020 — but a lot has changed since then.
Happy hump day, readers. I'm senior reporter Phil Rosen, writing to you from Manhattan.
Today we're going over why some of the most astute voices on Wall Street are advising a shift from stocks to bonds — and what we learned yesterday helps explain why.