GS and MS keep mucking it up...

Discussion in 'Wall St. News' started by Overnight, Sep 12, 2018.

  1. Overnight

    Overnight

    …"Earlier this month, Bernstein analyst Christian Bolu warned that both Goldman Sachs and Morgan Stanley would need a "particularly strong" September to meet third quarter estimates in light of soft capital markets trends."

    https://www.bloomberg.com/news/arti...hares-are-on-their-longest-losing-streak-ever

    Yeah, wonder why. These retards have been pounding the pulpit for quite a while about the super-duper crash coming for how long now? 2 years?

    https://www.bloomberg.com/news/arti...bear-market-in-latest-wall-street-trade-alarm

    I would LOVE to get paid 6 figures per year to be an "analyst" at one of these firms. Don't have to actually DO anything, just spew nonsense you've read in books or seen from movies over the last 30 years, and call it your own brilliant "analysis."

    https://www.cnbc.com/2018/07/31/mor...ming-correction-will-be-biggest-since-fe.html

    A correction that would be the biggest since February would be a correction of the same magnitude as February, 10-11%. So what is the big fuss?

    I hate these guys. They should be charged with market manipulation.

    https://www.marketwatch.com/story/l...ased-correction-in-memory-spending-2018-09-12

    Imagine this. You're one of these analysts. You have a friend who wants to make a quick buck on a stock. So you tell him you're going to announce a downgrade on a stock and he should short it. So you come up with some cockamaney reason to downgrade it, announce it, and your friend who shorted it makes a shit-ton of money that day. This cannot NOT happen in this world. I KNOW it does. It HAS to. Nature of the human beast.