Wall Street Thrives While Main Street Struggles

Big banks like JPMorgan Chase and Goldman Sachs had a great year, especially in areas like investment banking and wealth management.

This is because rich people and big companies are doing well.

However, for regular people, the news was just okay.

The banks say that while rich people are spending and investing more, those with lower incomes are feeling the pinch.

The economy is like a 'K' shape, where the top is doing great, but the bottom is struggling.

The banks are also keeping an eye on any signs of trouble, but overall, they're doing well.

The government is also making things easier for the banks by rolling back some rules.