'22 could be 'very good' for financials -advisor

Goldman Sachs on Friday reported a 60% surge in third-quarter profit that smashed expectations, as Wall Street's biggest investment bank rode a record wave of M&A activity and initial public offerings.

"We're starting to them see all the banks release reserves that we thought we were going to need because of COVID. All of that sets the tone next year for the banking industry. The financials could look really, really good," said Kamen.

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