ERCaptain

Tuesday Outlook: Commodities, Global Markets

I think it is more than high end "window dressing" (i.e., picking it after it already looks good).
She made the call before GS announced earnings which the consensus amongst analysts had widely missed (nearly 50% off).
With Goldman being one of the last global investment banks. They do not have many people with whom to share the profits. It is likely they will continue to make large profits until their competitors can get their feet back under themselves.
This is a political liability for Goldman because now they stick out like a sore thumb. Congress, and many others, will now have someone that they can point to and use as the symbol of corporate greed.
Merrill and Bear are hidden behind the drapery of their bank owners and still wobbly on their feet. Goldman is a good stock pick no matter how much one may fear the way they made their money.

On Jul 14 03:59 PM BARBI520 wrote:
> Isn't Whitney a little late. Financials are up huge in the last few
> months.