Sunday, September 4, 2011

Goldman Sachs (GS) "End of Days" Report

A reader highlighted this report (from Aug 16) in comments late last week, and I've seen it in the blogosphere this weekend, so if you want to some weekend reading here is a fun report from Goldman Sachs on how the end of days approach, but how we can get rich off it.  I attached a video discussion of it, via Marketwatch, below the embed.

Original WSJ story can be found here.

In a 54-page report sent to hundreds of Goldman's institutional clients dated Aug. 16, Alan Brazil—a Goldman strategist who sits on the firm's trading desk—argued that as much as $1 trillion in capital may be needed to shore up European banks; that small businesses in the U.S., a past driver of job production, are still languishing; and that China's growth may not be sustainable.

Full report here:

GS_StateOf the Markets

Video discussion (6 minutes, email readers will need to come to site to view) below

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