“No brainer” bank stocks are being battered…
All the big banks are now in the red for 2018…
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Maybe the Libor-OIS, credit/liquidity issues mattered after all…
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As The S&P 500 Financials sector drops to five-month lows…
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It seems a collapsing yield curve matters more than one-off tax-cut gimmicks and some deregulation after all.