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Bloomberg

Bankers Eye Bigger Payouts

Wall Street is heading into another big bonus season. Johnson Associates says investment bankers and equity-capital-markets bankers could see payouts jump 20% or more, while traders are also set for meaningful gains. The reason: stronger dealmaking, volatile markets, and what one consultant calls "the year of the bank." Chris Connors, the Managing Director of Johnson Associates, the company behind the Wall Street pay report, joined Bloomberg Open Interest with more details on the report.

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Bloomberg

AI Boom Drives Earnings Growth

Bernstein Private Wealth CIO Alex Chaloff says the market's explosive earnings growth is being fueled by trillion-dollar AI spending from hyperscalers. But while AI may drive productivity and IPO demand, he warns the labor market could be the weak spot as companies increasingly ask what jobs AI can replace.

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Bloomberg

Inflation Genie Has Been Let Out of the Bottle, BMO's Davis Says

"We don't believe hikes are on the table for 2026, definitely on the table for 2027," says Earl Davis, head of fixed income and money markets at BMO Global Asset Management. He sees the Federal Reserve being "a solid two meetings away" from dropping its easing bias and expects markets to be focused on inflation in the fourth quarter of this year.

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