Goldman Sachs is making a Lot of Money

Yet it shows us that the anti-bank political climate in Washington might be good for Wall Street’s biggest investment bank. A great stock, Goldman Sachs might get better because of the new status quo in the nation’s capitol.

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Have Bank Stocks Turned Around?

Another reason why bank revenues are growing is that upper income families are making more money. University of Berkeley Economist Emmanueal Saez reported that the incomes of the richest 1% of US workers increased by 7.7% in 2015, CBS reported.

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Goldman Sachs and the Decline of Wall Street

Goldman Sachs lost more than half of its net income between March 2015 and March 2016. The bank reported a net income of $9.288 billion in March 2015 that fell to $4.37 billion in March 2016. That’s a decline of $4.918 billion and it appears to be accelerating.

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Why Uber Is Now More Attractive Than Goldman Sachs

Silicon Valley could soon become the world’s new financial center, displacing New York. This means it will set the pace for the world’s economy.

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