Goldman CEO Attends Trump's Bell Ringing

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Goldman Sachs

Yahoo Finance

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The year that Wall Street got its swagger back

Summary

Nutrition label

72% Informative

Dealmaking and trading are surging, interest rates are considerably lower than they were a year ago .

The hope is this current rally could be just the beginning of a bull run banks haven’t seen in over a generation.

Some predict 2025 will be a repeat of 1995 , when bank stocks surged after Federal Reserve rate cuts, a soft landing engineered by then-central bank Chair Alan Greenspan .

Bank of America CEO Brian Moynihan told Yahoo Finance last month that he’s confident in the US economy under President Trump .

Some economists are concerned that Trump 's wider economic agenda could add to inflationary pressures and keep interest rates higher.

That could make life more difficult for bank borrowers and raise funding costs for lenders.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language