Goldman Sachs: "2012 Is Nothing Like 2008"
While there are plenty of risks, 2012 is "nothing like the 2008," Goldman Sachs' Jim O’Neill tells CNBC. "The key to this market movement over January is that people were worried about everything that could go wrong... So just the cessation of bad news itself has sort of appeared a bit of a positive." Germany is improving, China seems headed for a soft landing, and the U.S. is "moving forward," he says.
Related Articles:
-
This morning Goldman Sachs announced that it led a $52 million round of Series C funding in... Read Full Story » -
California-based privacy and security firm, AnchorFree , has just announced that it closed $52... Read Full Story » -
How about a show of hands on who thinks the euro is headed lower, asked Goldman's Jim O'Neill at... Read Full Story » -
The insider-trading trial of former Goldman Sachs board member Rajat Gupta, who is accused of... Read Full Story »
Comments
