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Why it's a good time to be Goldman Sachs

Goldman Sachs reported its latest business results on Tuesday. Profits -- as measured by net income -- hit $1.9 billion in the second quarter, twice the performance of the quarter before.

Juli Niemann, analyst with Smith, Moore & Company, joins Marketplace Morning Report host David Brancaccio to discuss.

About the author

Juli Niemann is executive vice-president for research and portfolio management with Smith, Moore and Company.

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