14-01-2020 20:59 via news.yahoo.com

Banks post big profits, but lower interest rates are a worry

So far, it appears 2019 was another record year for Wall Street. Trading of stocks and bonds rebounded after a terrible end to 2018 and consumers spent tons of money on their credit cards, buoyed by a strong job market and steady economic growth. On Tuesday, JPMorgan Chase reported a record annual profit, while Citigroup posted its best results since before the Great Recession.
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