The Numbers Don't Lie: A Closer Look at Goldman Sachs

The video discusses the surge in fixed income trading among major banks, highlighting Goldman Sachs' significant gains. Goldman outperformed competitors by focusing heavily on trading, which constitutes a large portion of its revenue. Despite a previous decline in industry revenue, a rebound is noted, improving profitability. Cost-cutting measures have also contributed to Goldman's success, and the bank is well-positioned for potential interest rate hikes.

What trend is observed in fixed income trading for Goldman Sachs?

How much did Goldman's earnings increase as a result of fixed income trading?

What percentage of Goldman's revenue is attributed to trading?

What was the change in Goldman's return on equity in the third quarter?

What factors contributed to the increase in Goldman's net revenue year over year?