Goldman Sachs’ Profit Nearly Doubles but Wells Fargo Down 50%

by Mike ‘Mish’ Shedlock
The Street

Goldman Sachs is outperforming other banks by stunning amounts.

Goldman Sachs’ Hot Streak

The Wall Street Journal reports Goldman’s Pandemic Hot Streak Continues in Third Quarter

Key Points

– Goldman’s quarterly profit of $3.62 billion on revenue of $10.78 billion was better than stock analysts had forecast and sharply higher from a year ago.

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