We've been up every day for the past two weeks, except for last Friday when we were down one tenth of 1%. Yeah, it's surprising. Mike Wilson, who had been pretty irregular, you know, there'd be an article on the terminal every week up until about a couple of weeks ago. I'm wondering, is he about to fold in the towel? And if he does, is that going to be the signal that things move in the other direction? I don't know. You should write a book of these little Wall Street cookie little Wall Street cookies. The chucks never lie. Bears make you smart, bulls make you money was one of my favorites.
Bloomberg News Senior Finance Reporter Sri Natarajan breaks down Goldman Sachs reporting second-quarter earnings that fell 58% on an investment-banking slump, real estate markdowns and a goodwill writedown in the consumer business. Dan Morgan, Senior Portfolio Manager at Synovus Trust, shares his insight on Netflix and IBM earnings. David Trainer, CEO of New Constructs, hits Tesla earnings. Ben Walter, CEO of Chase Business Banking, discusses small business owner sentiment. And we Drive to the Close with Bloomberg News Markets Reporter Abigail Doolittle. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.