It was really the trading view u that got goldman. Bank of america on fixed income, up 30 . Goldman sachs flat only up 1 . On the earnings call, new incoming cfo is first to deal with. He said there was particular focus on weak commodities where they have a higher exposure. In general, he said it was lower volumes, not because of specific positions. He said it was a volumes things and said no quarter particularly defines the franchise. This doesnt mean our franchise is broken, but a big outliar. On the other conclusion, i spoke to one investor and he cited the fact they dont have the big commercial bank to off set things and therefore, they werent getting the flow coming in from other areas. We did see that in terms of jpmorgan citi. Which is something to bear in mind. I thought it was interesting on the Conference Call from marty chavez say thag the vix when it comes to u. S. Dollar euro was low and the Oil Volatility was very low so it was a cc and the thick that really got Goldman S
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