Misfiring Wall Street Wealth Machine Is Anxious Omen for Economy

Misfiring Wall Street Wealth Machine Is Anxious Omen for Economy

(Bloomberg) — Wall Street traders this week were hit by the biggest cross-asset losses since the Federal Reserve’s monetary-tightening campaign peaked in 2023. Blame tariffs, softening growth, a potentially revitalized Europe, and more. Most Read from Bloomberg Bulls, with their brokerage balances shrinking, hope it turns around. Also eyeing the turmoil warily is a small…

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