Goldman Profit Drops 58%, Russia Sends Grain Prices Soaring

Goldman Sachs earnings expectations were already in the gutter after weeks of warnings and red flags from the world's largest investment bank. But even that didn't stop them from missing already low expectations with a massive 58% drop in second quarter earnings vs a year ago. Elsewhere the price of corn and wheat are surging this morning after a second night of Russian missile strikes on the Ukrainian port of Odessa following Russia's exit from the Black Sea Grain Deal that was allowing vital food exports out of the warzone.

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