Volatility Is Very, Very Good to Goldman
Equities traders take in record revenue. Plus: Starbucks’ turnaround is a work in progress.
The floor at the New York Stock Exchange on April 11.
Photographer: Michael Nagle/BloombergStock indexes went for a ride this morning when news leaked that President Donald Trump had asked Republican lawmakers on Tuesday about whether he should fire Fed Chair Jerome Powell, and then Trump denied he was going to make a move. That kind of volatility benefits someone, writes Sonali Basak, global finance correspondent for Bloomberg Television, and you can see who in today’s bank earnings reports.
Plus: Starbucks’ CEO is pushing a revival based on cold foams and warm vibes, and here who’s benefiting from Trump’s NATO bashing. If this email was forwarded to you, click here to sign up .