Goldman has a low valuation because its core franchises, trading and investment banking, are not very good businesses from POV of investors (they are great businesses from POV of traders and investment bankers; that’s part of the problem). @rbrtrmstrng
ft.com/content/930fc8… https://t.co/MXqDLR5ZnU
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…