GS

[hhiusa]

What are people's thought on the banking industry? House GOP passes Trump banking deregulation bill 233-186 without a single democrat's vote. The Senate Republicans are creating their own bill. This conflict means that the House bill can't just sail through Congress despite the Republican majority in both, which means that deregulation might not hit the ground running. Even still, many are hopeful.

The key points of the deregulation would free up more than $1 trillion dollars held in excess reserves by banks under current regulations. That will mean banks can lend more money, which is a good thing especially for banking stocks like JPM, GS, BAC & C.

The sentiment alone should cause a bull run. Coupled with the increases in possible revenues means: intermediate- and long-term bulls for JPM & GS especially.

GS relative maximum at $254.75 - 03/03
relative minimum at $209.62 - 06/06

JPM rarely breaches $100/share. They usually split before, which in my eyes gives the illusion of increased profit potential. It also increases the investability of the stock.

 

[CurrencyTrader]

What are people's thought on the banking industry? House GOP passes Trump banking deregulation bill 233-186 without a single democrat's vote. The Senate Republicans are creating their own bill. This conflict means that the House bill can't just sail through Congress despite the Republican majority in both, which means that deregulation might not hit the ground running. Even still, many are hopeful.

The key points of the deregulation would free up more than $1 trillion dollars held in excess reserves by banks under current regulations. That will mean banks can lend more money, which is a good thing especially for banking stocks like JPM, GS, BAC & C.

The sentiment alone should cause a bull run. Coupled with the increases in possible revenues means: intermediate- and long-term bulls for JPM & GS especially.

GS relative maximum at $254.75 - 03/03
relative minimum at $209.62 - 06/06

JPM rarely breaches $100/share. They usually split before, which in my eyes gives the illusion of increased profit potential. It also increases the investability of the stock.

That's great but what about the little things that directly affect the retail spot Forex traders such as not being able to open an account with brokers in the UK, etc.

 

[hhiusa]

That's great but what about the little things that directly affect the retail spot Forex traders such as not being able to open an account with brokers in the UK, etc.

Lol Relevance?

 

[CurrencyTrader]

Lol Relevance?

I'm not getting what you're trying to say.

 

[sss12]

That's great but what about the little things that directly affect the retail spot Forex traders such as not being able to open an account with brokers in the UK, etc.

I don't your concern will make it to the Senate floor !

 

[hhiusa]

Yeah I don't think so either. Sadly, what the people want doesn't matter.

If it does not pertain GS and banking post it somewhere else.

 

[sss12]

What are people's thought on the banking industry? House GOP passes Trump banking deregulation bill 233-186 without a single democrat's vote. The Senate Republicans are creating their own bill. This conflict means that the House bill can't just sail through Congress despite the Republican majority in both, which means that deregulation might not hit the ground running. Even still, many are hopeful.

The key points of the deregulation would free up more than $1 trillion dollars held in excess reserves by banks under current regulations. That will mean banks can lend more money, which is a good thing especially for banking stocks like JPM, GS, BAC & C.

The sentiment alone should cause a bull run. Coupled with the increases in possible revenues means: intermediate- and long-term bulls for JPM & GS especially.

GS relative maximum at $254.75 - 03/03
relative minimum at $209.62 - 06/06

JPM rarely breaches $100/share. They usually split before, which in my eyes gives the illusion of increased profit potential. It also increases the investability of the stock.

These are all valid points. But I think the issue is that they have been around in one form or another since Nov, drove the Trump trade (although fin rally stated earlier in 2016) through q1 2017 until legislative/political realities stated taking it's toll on the thesis.

What is needed is a catalyst to get it back on track. Rising 10yr was supposed to help, that hasn't happened (yet?), actual legislation passing may be a ways off, so not sure where the jump start is.

 

[hhiusa]

These are all valid points. But I think the issue is that they have been around in one form or another since Nov, drove the Trump trade (although fin rally stated earlier in 2016) through q1 2017 until legislative/political realities stated taking it's toll on the thesis.

What is needed is a catalyst to get it back on track. Rising 10yr was supposed to help, that hasn't happened (yet?), actual legislation passing may be a ways off, so not sure where the jump start is.

What about the fact that GS is behind the AAMZN-WFM deal, not to mention the fact that the WFM CEO will keep his position.

 

[sss12]

What about the fact that GS is behind the AAMZN-WFM deal, not to mention the fact that the WFM CEO will keep his position.

GS is pretty much expected to be involved in some way in deals like this, it would be bigger news if they were not involved. Fundamentals are good, just need a spark.

 

[hhiusa]

GS is pretty much expected to be involved in some way in deals like this, it would be bigger news if they were not involved. Fundamentals are good, just need a spark.

That's fine that you say "some deal like this". I hardly call this some deal. A $466B company throwing its weight into the grocery business in a deal worth more than most of all other chains.