- Goldman Sachs equities trading revenue reached $6.44 billion for Q3, topping expectations.
- Goldman Sachs fixed-income and rates trading fell far below Wall Street estimates in Q3.
- Goldman Sachs strategists raised their three-month view on global stocks to overweight from neutral, matching their 12-month bullish stance.
- Goldman strategists cite strong earnings for markets already near all-time highs, with higher oil prices and bond yields having stalled the rally.
- Goldman Sachs Wealth Management's Matt Weir says concentration of market gains in a handful of large tech stocks does not signal the end of the bull market.
Quotes
“earnings will ultimately determine where stocks go next”