American Goldman continuous financial profit

On July 14, Goldman Sachs announce its financial profit during period April - June 2009 which is 343.500 billion US (approx 32 billion yen), its 2^nd quarter business year`s profit. Compared with previous year financial results March - May 2008, this year profit is increasing dramatically by 65 %.

With the bad financial crisis situation, it has net loss during September - November 2009. However, it has produced profit in January - March 2009 period.

During April - June period as stock price recovering, investment towards company also increasing. As many financial institution raise their capital Stock trading activity becoming favorable recently. Bonds, Currency, and others financial products also in a favorable situation recently

Comment:

As Warren Buffet - Greatest American investor and financial expert predict, It turn to be what he expects to be. He invested approximately 5 billion to bail out Goldman Sachs amid financial crisis. According to his expectation, Goldman Sachs will produce business profit after the financial crisis. And as stated in the news, it happens like that. As college student, there are many things that should be learned in this investment world. What happen with Goldman, is related to investor expectation and confidence. As I learned from this news, I will equip myself with high technical skill and confidence about my own portfolio or financial product investment.