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Lloyd Blankfein argues the market is shifting in favor of Goldman Sachs
Lloyd Blankfein is hoping the market has come to Goldman Sachs.
During the lean, low-volatility years, Mr. Blankfein cut Goldman’s big trading business by less than Wall Street rivals. Now he sees evidence the bet will start to pay off. Investors should pay attention.
Speaking at a Credit Suisse financial forum, Mr. Blankfein cited strengthening...