Despite securities industry profits in 2018 rising by 11%, the average bonus paid to Wall Street employees declined by almost 17% to $153,700. This also means that the average banker bonus is unchanged since 2005.
Apple shares are tumbling back into the red following a decision by International Trade Commission Judge MaryJoan McNamara recommending an import ban on certain iPhones, due to infringement of Qualcomm patents.
Today's auction showed very strong demand for the short-end of the curve, and we expect more of the same as markets - which are now fully in easing mode - expect yields to keep sliding over the next few years.
Wirecard bulls, and anybody who bought the dip in the German fintech darling's shares after allegations of widespread accounting fraud surfaced earlier this year, can breath a sigh of relief - for now, at least.