What Bank Earnings Tell Us About the Economy

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Wall Street is booming, or at least parts of it are. Here’s what bank earnings reveal about the bigger picture.

Wall Street is booming, or at least parts of it are. Merger mania and stock trading lifted the big U.S. banks’ third-quarter results. On Main Street, banks are still hunting for bigger loan growth, but many customers are spending more after holding out last year.

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Hey...didn't this happen in 2008 right before some big event...I can't quite remember

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