Goldman shares 'defy logic'

Goldman Sachs will have to pull some spectacular second quarter earnings out of the bag in a few weeks' time to justify the recent rally in its share price, according to analysts.

Goldman's shares edged up to more than $100 (€114) last week before dropping back slightly as hopes that the long-awaited recovery in investment banking activity had finally arrived.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached