GOLDMAN SACHS: The stock market's turbulent first quarter created a bonanza for 2 groups of companies (ICE, NTRS)
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- Volatility made a dramatic comeback to the stock market in the first quarter.
- As a result, trading volumes and portfolio turnover increased.
- This should benefit the first-quarter earnings of trust banks and stock exchanges, according to analysts at Goldman Sachs.
While some investors count their losses from the first quarter, Goldman Sachs is betting that renewed volatility was a boon for a small group of companies.
Stock market volatility made a dramatic comeback in Q1, with no shortage of news to spook investors, from an impending trade war to inflation scares.See the rest of the story at Business Insider
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- GOLDMAN SACHS: The stock market's turbulent first quarter created a bonanza for 2 groups of companies
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