Wall Street stock and bond traders can expect their bonuses to jump 10% to 30% this year as they cashed in on turbulent markets.
Trump’s economic agenda is creating distinct winners and losers in the equity markets, according to Morgan Stanley Wealth Management.
Following a disappointing July jobs report, investor expectations for a Federal Reserve rate cut in September surged.
Last week, fears over the US economy slowing more than initially thought took center focus as the major indexes experienced the worst single-day drop.