Wall Street Traders Post Record Year as ‘Risk-On’ Bets Surge

JPMorgan, Goldman Sachs, and other major banks are reporting their best trading revenue in years. The surge comes as investors pour money into stocks and other risky assets. “The market is clearly extremely risk-on,” one analyst said, describing a wave of aggressive buying. This shift has boosted bank profits, with trading desks cashing in on high volumes and volatile prices. The trend shows no signs of slowing, as traders continue to chase gains in a bullish market.