Is there any problem in the financial market?

- $Goldman Sachs(GS.US)$ first-quarter revenue fell 27% from a year earlier to $12.93 billion.

- $Citigroup(C.US)$ reported first-quarter net profit of $4.3 billion, down 46% year-on-year.

- $Wells Fargo & Co(WFC.US)$ reported Q1 revenue of $17.592 billion, while net profit fell 21% year-on-year to $3.671 billion.

$Morgan Stanley(MS.US)$ reported Q1 revenue of $14.8 billion and net profit of $3.666 billion, down 11.02 percent year-on-year.

It can be seen from these data that the sharp decline in the profits of financial institutions is not accidental and must indicate some unusual economic logic. Profits are down, stock prices are down, and the stock market is underperforming, it's easy to understand. $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$