Goldman Blames Commodities, Currencies for Trading Miss

The transcript discusses the performance of Goldman Sachs compared to other banks like Bank of America and Wells Fargo. Analysts expected better results from Goldman, but various factors such as weak commodities and currency trading affected their performance. The discussion also covers the regulatory environment, including the Volcker Rule, and how it impacts banks' profitability. Market trends, predictions, and the role of net interest margins and portfolio compositions are also analyzed.

What implications does the current trading environment have for Goldman Sachs in terms of lobbying for regulatory changes?

What challenges do analysts face in predicting Goldman Sachs' revenue from investments?

How might the performance of Morgan Stanley influence perceptions of Goldman Sachs' results?