Growth forecast revised up, rate cuts still slated for second half
SIFMA, ISDA say final rules would lead to excessive capital requirements
With central banks expected to start cutting rates, outlook should turn rosy next year
High valuations curb return potential despite strong economic growth
Rate cuts to start materializing by mid-year
Strong trading activity offsets weakness in underwriting, M&A
American employers posted 9.6 million job openings in August, up from 8.9 million in July
Central banks' next moves likely to be cautious, data-driven
Another rate hike this year will likely remain on the table, and Fed officials may project fewer cuts for next year
Weakness in China, tighter financial conditions weighing on outlook