Americans' Economic Pessimism Contrasts with Wall Street's Record Profits
Americans have recorded a 74-year low in economic optimism, yet Wall Street's major banks achieved record trading revenues in the same period. The S&P 500 reached a new high, while Goldman Sachs, Morgan Stanley, JPMorgan, Bank of America, and Citigroup all set records in stock trading, despite ongoing economic and geopolitical uncertainties.
Topics: economic pessimism energy crisis market divergence stock market volatility Trump administration Wall Street performance