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Even with constant signs of looming recession, the S&P 500 closed at its highest in the year this past week. Investors don’t seem to be spooked by any looming signs of recession.
Lazard CEO Steps Down
Lazard CEO Ken Jacobs will be stepping down and will be replaced by his deputy, Peter Orszag.
Japan Invests in UK
While post-Brexit hasn’t been kind to the UK, UK Prime Minister Rishi Sunak announced at the G7 Summit that Japan will invest £18bn in the UK.
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