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Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years
Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years
Goldman Sachs reported its highest quarterly profit in five years, as the bank's equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however this stellar performance in equities was offset by an unexpected drop in FICC revenues. Here are Goldman's Q1 results in a nutshell:
EPS $17.55, exp. $16.41
Net revenue $17.23 billion, +14% y/y, exp. $16.95 billion
Equities sales &...
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Mar 14, 2026 / Tyler Durden
Gun Control's Endgame: No Guns For Anyone
Gun Control's Endgame: No Guns For Anyone
Authored by John R. Lott Jr. via RealClearPolitics,
Gun control advocates do not just oppose civilian gun ownership; they also argue that guns in the hands of police make people less safe.
Gabby Giffords
In January, a Border Patrol agent in Portland shot and wounded two Venezuelan nationals who belonged to the violent Tren de Aragua gang after they allegedly tried to run agents over with their vehicle. In response, Kris Brown, president of Brady United, tweeted the following:
“We don’t know the details behind the shootings...
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Mar 24, 2026 / Ryan McMaken
Government Planning Doesn’t Fix Economies
Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems. Ryan McMaken appears on Stossel TV.
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Feb 23, 2026 / Tyler Durden
Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score
Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score
California Governor Gavin Newsom (D) needs to work on his pandering skills - after telling a crowd of black people that he's just like them because he can't read and got a low SAT score.
"I’m not trying to impress you, I’m just trying to impress upon you, ‘I’m like you. I’m not better than you.’ I’m a 960 SAT guy," Newsom told Atlanta Mayor Andre Dickins during a Sunday night event promoting his new book.
"And I’m not...
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