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All Eyes On Big Banks as Earnings Bell Weather

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Director of Research Ryan Giannotto, CFA joined Wake Up with Cheddar to analyze the Goldman's blockbuster earnings for Q2. "While the results were indeed staggering," maintained Giannotto, "much of the revenue stemmed from fixed income trading and distributing the largess of the Fed. $3 trillion in balance sheet expansion creates quite a demand for trading."
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