Bumper IPO issuance and crazy market volatility should generate very straong trading income for the largst investment banks in the second quarter. JPMorgan makes a short-term trading call on both Goldman and Morgan Stanley
For Warsh as Fed chair, silence may be the point CNBCThe Federal Reserve must soon give Donald Trump bad news The EconomistNew Fed chief may soon be forced to defy Trump and raise interest rates The Washington PostWall St Week Ahead Newly led Fed poses markets wildcard for rockier US indexes Reuters
Legislators are weighing the possibility of passing six of seven spending bills in an effort to minimize a potential shutdown while border-wall funding is negotiated—but it's unclear if President Trump would approve.