The Takeaways From Morgan Stanley and Goldman Sachs Earnings

The transcript discusses the performance and strategic directions of Goldman Sachs and Morgan Stanley. Morgan Stanley's pivot to wealth management has been successful, while Goldman Sachs faces challenges with its trading-focused strategy. Goldman is exploring new ventures like corporate lending and the Marcus platform to drive growth. However, investor confidence is low due to market volatility and uncertainty about Goldman's future earnings growth.

What strategies has Goldman Sachs implemented to drive revenue growth?

In what ways are investors reacting to Goldman Sachs' current performance and future outlook?