As reported yesterday, Goldman Sachs analysts raised the outlook on some banks from neutral to attractive. At the same time, Billionaire investor George Soros said US banks and financial companies are “basically bankrupt”. Read the full story on Bloomberg: Soros Says ‘Basically Bankrupt’ Banks Restrain U.S.
Curious: Who are we to believe? The investor or the banker? Could their opinions possibly be influenced by the trading positions they may have?
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