Goldman Snubs NY & NJ, Looks To Open New Office In Dallas
Now, after the bank's strategists have repeatedly (and correctly) called the run-up in crude prices, the start of what the bank believes will become the next major commodities supercycle (with crude expected to eclipse $100 a barrel in the not-too-distant future), Bloomberg reports that the storied Wall Street investment bank is looking to expand its physical footprint in Dallas.
It is a be, but can the American consumer tolerate one hundred dollar oil?
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