Too Big to Fail Becomes Too Big to Flail

If a rising tide lifts all boats, then the country’s biggest banks are riding high in their luxury yachts. While inflation was an economic thorn, 2024 was a pretty good year for the U.S. economy. When final gross domestic product numbers are in, they will likely show the United States posted the fastest growth of any advanced economy for the second year in a row. If the performance of the big banks is any indication, it’s a lock.