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Friday, March 29, 2024

Banks Bloodbath Into Red For 2018

Courtesy of ZeroHedge. View original post here.

“No brainer” bank stocks are being battered…

All the big banks are now in the red for 2018…

Maybe the Libor-OIS, credit/liquidity issues mattered after all…

As The S&P 500 Financials sector drops to five-month lows…

It seems a collapsing yield curve matters more than one-off tax-cut gimmicks and some deregulation after all.

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