Goldman Sachs reveals an unusually weak result from their powerhouse fixed income trading division - the only one of its peers to report year-on-year declines. This is particularly strange, given the highly volatile quarter in rates markets, which typically bodes well for Goldman's trading profits.
Weston Nakamura explains how Goldman's fixed income trading miss signals a broader and far more troubling market picture - one that is being completely overlooked by market participants and media.
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Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
