3 reasons why Goldman Sachs is the 'pure investment bank' play

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Jay Hatfield Noticias

Goldman Sachs,The Federal Reserve,Good Buy

The banking sector is in a unique time and place as investors navigate economic conditions, such as higher for longer interest rates held by the Federal...

The banking sector is in a unique time and place as investors navigate economic conditions, such as higher for longer interest rates held by the Federal Reserve. As part ofGoldman is Hatfield's champion among investment banks, pointing to its year-to-date outperformance, its position as a derivative AI play, and IPO market forecasts.

They were passing through the banking sector and joining me here to discuss is Jay Hatfield, infrastructure capital advisors, CEO J come on down here so we can get you the stocks that you like.So Goldman Sachs interestingly has already had a pretty good run over the past year.Story continuesSo it's 11 times consensus and we're at 10 times.

We think that the A I IP boom will start in 25 which it normally does because, and that's why the US capital markets are so efficient is that we um you know, high valuations of the public companies generate IP OS.

But you have something that's declining with regionals and something that is booming with the investment bank focused And also they tend to have less exposure to that interest margin as well. But if you look at the more investment bank oriented, they have particularly Goldman's now getting out of it, they have less exposure to that.They're not like reeds where you can model every building.And could we see defaults, for example, that would affect, rising slowly already?

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