Wall Street banks made $2.3 BILLION by betting on rising inflation in 2021 – doubling the amount they made in 2019
So-called ‘Linkers’ are inflation-linked bonds that have resulted in a windfall for Wall Street Goldman Sachs traders Nikhil Choraria, Puskar Jha and ‘child prodigy’ Wajih Ahmed helped net $450 million for the big bank JP Morgan’s Gil Holmes brought in $300 million for his investment house While everyone else has been shelling out more money … Read more