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Old 07-04-2018, 02:52 PM
Danny B Danny B is online now
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,739
Abandoning the banks

"J.P. Morgan was off by more than 2 percent in trading Friday. Wells Fargo dropped nearly 3 percent.
"If you take out the capital markets business and the one-time events, it shows these banks aren't doing any business, and that's the key problem,"
"Bank stocks are breaking down even as rates are rising. Here’s why"
https://www.cnbc.com/2018/03/26/bank...heres-why.html
Why Big Bank Stocks Are About to Crumble | Investopedia
https://www.investopedia.com/news/wh...about-crumble/

" The US Federal Reserve (Fed) struck an unprecedented bargain with Goldman Sachs and Morgan Stanley ahead of recent stress tests that allowed the two banking giants to avoid outright failing grades"
https://sputniknews.com/us/201807031...-stress-tests/
"US Branch of Deutsche Bank Fails Federal Reserve Stress Test"
https://sputniknews.com/business/201...deral-reserve/
Deutsche Bank leads the way on the slow grind down to insolvency. The new Italian government is setting off capital flight. This may take down Deutsche Bank.

Apparently, the war-mongers / arms industry is running scared.
https://www.zerohedge.com/news/2018-...p-putin-summit
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