11 Nov 2008

S&P still at 895 supported by no break down in GS, GOOG and XOM

Best performance was Goldman Sachs where the Blankfein presenation had som general warnings about difficult times ahead, but no specific warning on Q4 results. The presenation can be included one slide trying to adress the issue about lower leverage and income. Their own conclusion being that Leverage is not a major driver of ROE. But some relationsships seems to be there after all. Click on below for the full presentation.



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