Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

How Much Money is Goldman Sachs Making?

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Can Goldman Sachs (GS) Survive Coronavirus?

Goldman Sachs (GS) is still one of the most lucrative companies around. Goldman reported a quarterly gross profit of $9.87 billion and quarterly operating income of $4.549 billion on 30 September 2020.

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Market Wisdom

Goldman Sachs rides the Tiger

Goldman Sachs is experimenting with cryptocurrency trading. The bank was laying the groundwork for a cryptocurrency trading desk in December 2017, Bloomberg Markets revealed.
The desk is supposed to be up and running by the end of June, Bloomberg Markets speculated. Note: Bloomberg’s reporting is unreliable because the sources of the information were identified only as “people.” That means the article was based largely on hearsay.

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