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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (54910)3/12/2014 10:29:59 AM
From: ggersh  Read Replies (1) | Respond to of 71477
 
Either way my friend either way....-nfg
WS is eating itself, iy just doesn't know it.-



To: Real Man who wrote (54910)3/12/2014 11:50:58 AM
From: ggersh  Read Replies (1) | Respond to of 71477
 
The eating continues....-vbg-


Bond Trading Grinds To A Halt: Goldman Set To Report Weakest Quarter Since 2005; As Much As 25% Down ElsewhereSubmitted by Tyler Durden on 03/12/2014 - 11:47

Since Wall Street has been explicitly fighting the Fed (remember: the main reason there is no volume is because nobody is selling) Wall Street has once again lost, and despite its appeals, the time to pay the piper has come. Said payment will be taken out of bank Q1 earnings which as everyone knows, will continue the declining trend seen in recent years (so much for that whole Net Interest Margin fable), but to learn just how bad, we go to the FT which reports that fixed income groups across Wall Street "are set for their worst start to the year since before the financial crisis, with revenue declines of up to 25%." The punchline: "Analysts now expect Goldman Sachs to record its weakest first quarter since 2005 and JPMorgan Chase and Bank of America are forecast to see their lowest revenues since they bought Bear Stearns and Merrill Lynch, respectively, in 2008."