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Bank Of America, Wells Fargo Report Profit Surge As Trading Activity Powers Results

by The Wealth Advisor Contributor
Banking giants Bank of America and Wells Fargo both reported Wednesday morning that their fourth quarter and full-year profits rose from a year ago.

Featured

Ned Davis Distills Political Angst Into ‘Big MAC’ Equity Trade

Wall Street loves few things more than a good acronym to describe a trading thesis. Think FANG, FOMO/YOLO and TACO.

Growing Number Of Options Traders See No Fed Cuts In 2026

Traders focused on options are increasingly pricing out expectations for any Federal Reserve interest rate cuts in 2026.

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

King Charles III has moved to reclaim Royal Lodge in Windsor Great Park from his brother Prince Andrew.

Recent

Commentaries

Stanley Druckenmiller "Couldn't Have Been More Wrong"

Part of the trouble: A year ago, he misread the markets. Druckenmiller saw “warning signs” in prices and predicted a period of low returns.

Commentaries

Ray Dalio: Expect More Fed Rate Cuts Amid Global Slowdown

Investment guru Ray Dalio predicts that the Federal Reserve will resume cutting interest rates as the global economy slows down.

News

Why Are So Many Parents Disinheriting Their Kids? Ask Anderson Cooper Who Knows the Brutal Truth of Losing His $200 Million Inheritance

Gloria Vanderbilt and Philip Seymour Hoffman are only a few of the mega-millionaire parents writing wills that disinherit their children.

Portfolio Construction

Review: Don’t Stumble Out Of The Gate Check Out SSgA's “2020 ETF Market Outlook: Threading the Needle” White Papers

State Street’s “2020 ETF Market Outlook” white paper provides three themes that investors must keep in mind while looking at the market for the coming

  • More Articles

Popular

The Trust Advisor

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

The Trust Advisor

I Asked ChatGPT How To Make My Estate ‘Drama-Proof’ For My Heirs In 2026 — Here’s Its 12-Month Checklist

Washington Wire

Republican Sen. Thom Tillis Vows To Block Trump’s Fed Nominees Following Powell Probe

Washington Wire

Jamie Dimon Backs Fed Chair Powell Amid DOJ Probe: 'Everyone We Know Believes In Fed Independence'

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