Wall Street: problems again?

Market Leader informed

People have already started to gradually forget about the crisis.

US banks are showing stability, the rivalry is getting weaker. However, according to the reports of some broking agencies, the situation is not as favorable as it seems to be.

All that semblance of stability is made at the expense of the funds allocated for bad debts. The Wall Street is still working professionally, however it cannot influence all the changes. There are even suppositions: “The things, which are bad for the Wall Street, are good for the entire economy”. The US has created a “soap bubble of prosperity” while the Wall Street has to pay for it.

The financial sector is still showing poor results. However bonus payments keep rising, practically breaking their previous record. Experts assume that the bonuses are growing faster than the incomes.

All that has led to the loss of the investors’ confidence in the Wall Street because they do not want to see “soap bubbles” as when the situation is really stable the brokers and banks earn less.

 

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