Want to create an interactive transcript for this episode?
Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM - Wednesday, 13 August 2025
Description: The S&P500 and Nasdaq booked fresh record closing highs after tame inflation figures raised the likelihood of a Federal Reserve interest rate cut in September - Dow rose +484-points or +1.10% UnitedHealth Group Inc (up +3.65%) was the leading performer in the 30-stock index overnight. Goldman Sachs Group Inc (+3.36%) also gained over >3% despite President Trump criticising the investment bank’s Chief Executive Officer (CEO), David Solomon, on the Truth Social platform. "David Solomon and Goldman Sachs refuse to give credit where credit is due," President Trump wrote on Truth Social. "They made a bad prediction a long time ago on both th...