Wall Street Bonuses Expected to Surge Again

We had a sense that some good news was coming because most of the banks, the investment banks, they actually posted third quarter results for stock trading that were their best for the third quarter ever. And most of them top down the SEC's expectations, notching about 15 billion of revenue in that quarter. The clear winner here is stock traders.They have benefited, of course, from the volatility set off by Trump's tariff war, but also by the more than 30% rise of the S&P 500, helped by the sort of optimism ...