Take It To The (Debt) Limit
RiskReversal Pod
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Do You Think You're Going to Get Hurt Owning Goldman Sachs?
Danny Cevallos: On the Goldman quarter, David Solomon said CEOs and boards are telling me they're cautious in the near term. He says a lot of these banks will be viewed as utility stocks in a downturn due to Dodd-Frank restrictions with capital. But who is the best traders that are out there? It's Goldman Sachs if things get volatile, he says; it can benefit from that.Cevallos : I look at all these banks, they all are very different. Some are more exposed to the consumer, some are more exposure to Wall Street. And I just use them as an indication for how things are.
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