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GS has invested in expanding its consumer lending business, Marcus, and purchase money management app Clarity.
Think someone’s missing the difference in shares outstanding.
Because amount of assets and share price are not directly correlated
JPM has handily outperformed GS since the Fed started raising interest rates in Dec. 2015.
Not an indication of one being better than the other, but you can’t discount MC:
JPM = 261b
GS = 90b