of the U.S. megabanks imply a 33% dividend cut by January 2021, according to a trader who runs the options flow desk for a major brokerage. The New York-based bank currently pays a 90 cent quarterly dividend, or a total of $2.
70 in the three quarters through January.
Pro Listen to the Fed, For days they are warning about the Jobs market. Buying junk bonds will not save main street. PPP money gone for most . 1 month before the slew of restaurants closing for good. Only congress can help with more free money, Fat chance with election
Pro So they're gonna make even more money.. Genius idea...
Pro Banks are skating precariously on thin reserves
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Star investor: Markets may crash so badly the Fed has to start buying stocksThe Federal Reserve is buying junk bonds and corporate debt ETFs as part of its campaign to revive the American economy. Next on its shopping list: US stocks, as Scott Minerd, global chief investment officer at Guggenheim Partners, told CNN Business. DEFEND THE POLICE Web Browser: Safer - Faster - Better. Download & Start Protect your web browsing Now! Brave is a High Performance browser with Awesome Security & Privacy. Try it Now! 3x Faster Than Any Browser. Adblocker Pre-installed. 100% Web Privacy. 100% Security. Cobhams
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Fed bolsters credit market support with latest launchThe New York Federal Reserve's planned launch on Tuesday of a bond-buying facility could help ease the potential stigma for companies of asking for help and create an important framework for what the central bank steps in to purchase, analysts and investors said. The FED is most definitely all in at this point.
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