Saturday, July 18, 2009

Goldman Sachs huge profits in the crisis are not normal

Can Asian Stocks Make Even Bigger Gains?

Brace for a Rapid recovery or a new Collapse ? Marc Faber summed up the situation by saying for a while the markets may still run further but I think we had a crisis and nothing had been solved look how the system works the derivatives markets how banks operate the profits at Goldman Sachs , usually a major crisis like we had should clean the system , and nothing had been cleaned it's gotten worse , politically and these linkage between the politicians in America and the Federal reserves and the treasury department and Wall street and so on and so forth and the big crisis is yet to come , it will be huge , TOTAL COLLAPSE...
Giles Keating, global head of research at Credit Suisse likes Asian equities as he believes the big gains they've logged could go quite a lot further. Keating & Marc Faber of the Gloom, Boom and Doom Report share their views, with CNBC's Martin Soong.











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