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Bank Stocks Are in a Ditch. Earnings Won’t Change That.

  • 📰 WSJ
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  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

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The largest U.S. banks begin to report earnings this week. Don’t expect much.

When U.S. banks report first-quarter earnings this coming week, investors will get the best impression yet of how the coronavirus pandemic is weighing on the U.S. financial sector.

The first three months of 2020 presented banks with their most formidable challenges in recent memory—near-zero interest rates and a free-falling U.S. economy that threatens to upend almost all their business lines.

 

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Stop👏 accepting👏 this👏 suffering👏 Start👏 dying👏 for👏 the👏 Dow👏

Break them up, and regulate them so hard they'd never be 'too big to fail'. The fuck outta there with that shit. Do y'all even know what's comin?

very good news; thanks WSJ !!!

Well boo effin hoo.

还能有收益那还真不错！还是亏损吧！

Aw look, the thieves are worried they diddnt steal enough last week.

Or losses?

thanks asshats who profit either way

Poor things

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