2024 in Review: Financials
Motley Fool Money
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Strong Bank Performance Amid Changing Economic Conditions
This chapter examines the impressive revenue growth of major banks like Goldman Sachs and Bank of America, driven by lower interest rates and increased trading activity. It also explores the revival of the IPO market and its effects on investment banking, while addressing the challenges in determining the current phase of the business cycle and market expectations for the economy's future.
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