Goldman’s 22% Profit Surge and the Trading Boom Behind It (July 16, 2025)

Goldman Sachs just posted a 22% profit jump, but the headline only tells part of the story. On today’s Market Outsiders, Jenny Rae and Namaan  break down what’s really driving the surge, and why trading desks, not dealmakers, are leading the charge.We dig into what the numbers reveal about investment banking, how fee mix and volatility are reshaping revenue streams, and why market sentiment is playing an outsized role this quarter. Plus, we look at what this means for JPMorgan, Citi, and other top banks - and why analysts may need to rethink their models.Additional Resources:JPMorgan Chase vs. Citi Business BreakdownPrevious Market Outsiders episode: Goldman's First AI CoderLearn more about Executive Presentation and Storytelling Training with Management ConsultedMore Market Outsiders:Connect with Namaan and Jenny Rae on LinkedInFollow Management Consulted on LinkedIn and subscribe on YouTube