Goldman Sachs Group IncArticle describes a 'perfect market' for Goldman Sachs with exuberant client demand for assets and deal-making, and strong asset management and credit performance.
Whalen Global Advisors chairman Chris Whalen described current conditions as a 'perfect market' for Goldman Sachs, noting that the firm's second-quarter results reflect an environment it waits and prays for. He highlighted that asset management and credit are performing well, and that Goldman's exit from the Apple relationship is a big positive. Whalen cautioned that if IPO activity slows from last quarter's pace, it could weigh on Wall Street, but he emphasized that client demand for assets and deal-making is mind-bogglingly exuberant. He expects Morgan Stanley to report big numbers, driven in part by its huge margin lending business.
Goldman Sachs Group IncArticle describes a 'perfect market' for Goldman Sachs with exuberant client demand for assets and deal-making, and strong asset management and credit performance.
Morgan StanleyArticle expects Morgan Stanley to report big numbers driven by its huge margin lending business and the same favorable market conditions.
Bank of America Corp
Wells Fargo & Company
Apple Inc.
JPMorgan Chase & Co