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Morgan Stanley issues warning that the end is near for the bull market

Wall Street Bull

Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near. The firm maintains that boosts from fiscal policy are largely priced into the market and unlikely to last much longer.

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Money On Hook

Reuters - Wells Fargo faces $1bn fine

Two U.S. regulators have proposed Wells Fargo pay $1bn in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results.

Skyscrapers - Wall Street

Bank earnings are coming, and they're going to be huge

As Wall Street's financial giants get set to report first-quarter earnings and provide a look ahead for the days to come, hopes are high. Corporate profits overall are expected to have risen 17 percent for the three-month period, but the financial sector has drawn especially keen interest.

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