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what do you think? they all report earnings this week...i dont think your going to hear on the conference call
" great quarter guys keep up the good work" ... the whole banking industry will be going down for the rest of the year at least, stop trying to pick a bottom in this sector; you're just riding the slope of hope down.
the recession hasnt even begun ( on a textbook definition basis) and the fed is using all of its firepower at the beginning and is pretty clear that they are making snap decisions as they go along on a daily basis
they lowered the discount window to banks on a SUNDAY?! they couldn't wait 2 days when they announce fed fund rate? which will probably be 1% cut which is pretty much priced in and wont surprise anyone and any expected pop in the market will be undermined
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