Financial stocks are exploding.
Goldman Sachs has finally joined the S&P all-time high party. The devil has no timeline.
In December, I explained why I was long the ‘Vampire Squid’.
I was wrong about their lending product Marcus (I did not think they could trick the public), which CB Insights says is the fastest lender to reach $1 billion…
It would be great if we could as a nation run this balance up to $100 billion and than tell Goldman to pound sand!
This weekend Barron’s jumped on the Goldman bandwagon.
In a long bull market like this, we all end up owning the exact same assets and doing business with the people/corporations we swore never to do business with.
For the time being…green, not greed, is good.
PS – If you are interested in fintech, you will enjoy this FREE CB Insights research report.
Have a great week.
Also published on Medium.