tag | wall street

The sheer scope of SEC’s agenda has stunned some longtime Wall Street observers.

Anger has been magnified at a time when banks have seen their profits soar during the pandemic

Data on Thursday showed the economy grew at an annual 6.4% rate in the first quarter, while companies such as Apple and Tesla have recently posted blowout earnings.

The S&P 500 has increased nearly fivefold since the market bottom, and an investor astute enough to buy, say, a share of Microsoft in March 2009 for about $17 would have seen it rise to nearly $159 today.