Reposted by Jan Maxwell
Wall Street profits and bonuses are poised to hit a record high.
CEO pay is up.
Corporate profits are skyrocketing.
U.S. billionaire wealth is up 30% in a year.
Meanwhile, inflation eats up the paychecks of working people as the social safety net is cut out from underneath them.
Trumponomics.
bloomberg.com
Wall Street Eyes Record Bonuses as Profit Heads Past $90 Billion
A blockbuster year for New York’s trading and investment-banking firms is poised to deliver record earnings for the industry, with profit on pace to exceed $90 billion, and bonuses expected to reach a...