This suggests the (capital markets) environment was even better than we thought macro-wise.

This suggests the (capital markets) environment was even better than we thought macro-wise,

...trying to predict whether global warming will moderate the next ice age is not only impossible but irrelevant. It doesn't help us get through the next few centuries. And one can only imagine our future, shivering, ice age descendants cursing us for leaving them no fossil fuel to create a global warming "greenhouse" effect when one is really needed.

It's tough not to like record results, but in the wake of what Goldman put out, they seem pedestrian. Goldman set the bar awfully high.

My own concern is does the consumer give out and drag down the economy in 2006? The corporate sector is well into a recovery, but the consumer never had a recession.

What it implies is people were expecting a strong number and maybe this isn't as strong as they hoped. They beat expectations and my own estimate, but we need more information.