Could it be that even God will be watching CNBC tomorrow morning at 830am?
That's when Goldman Sachs will report its first ever quarterly loss in its 80+ yr history as an investment bank.
A fitting end to the latest go-go Wall Street era.
The market has a consensus earnings number in mind. CNBC reports on it here.
Even though earnings are a lagging indicator, most of the market will be looking to see how bad the earnings number is tomorrow morning.
It will be viewed as a barometer for how bad things really got in the fall of this year and perhaps even as a signal of how bad things are going to get early in 2009.
Stay tuned.
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