Are Investment Banks considered a cyclical company?
Are investment banks a cyclical company? Do they rise more when the economy rises and vice versa?
This question refers specifically to Goldman Sachs.
I know a typical bank is cyclical, because most of the cash flow depends on deposits and loans, but an investment bank is more dependent on their investment activities.
Investment best answer:
Answer by kckid2
The market clearly goes thru cycles, and investment banking is directly affected. So yeah, it's cyclical.
Investment
2013-05-16 Russell Investments Center
Image by tiff_seattle
2013-05-16 Russell Investments Center
Orignal From: Are Investment Banks considered a cyclical company? and 2013-05-16 Russell Investments Center
No comments:
Post a Comment