Awesome dude.
Awesome dude.
Ghost of Igloi wrote:
Awesome dude.
Correct.
Wow, cool. Right on Chester.
Left on Lincoln.
Ghost of Igloi wrote:
Wow, cool. Right on Chester.
idk what this is all about nor do I care.
Getting back on track though, Fed is pressuring banks to stop buybacks and dividends after shaky stress test results. Sort of non-news though because most of the major banks already pledged to stop both of those things back in late March/early April when sh!t hit the fan. Kind of impressive that they're still in capital limits under the test results. Imagine if we had to lock-down in 2007 lol
Boomer thing you know. Bad actors.
Ghost of Igloi wrote:
Boomer thing you know. Bad actor.
Yup.
Racket wrote:
Ghost of Igloi wrote:
Wow, cool. Right on Chester.
idk what this is all about nor do I care.
Getting back on track though, Fed is pressuring banks to stop buybacks and dividends after shaky stress test results. Sort of non-news though because most of the major banks already pledged to stop both of those things back in late March/early April when sh!t hit the fan. Kind of impressive that they're still in capital limits under the test results. Imagine if we had to lock-down in 2007 lol
It’s all good as they say....but maybe not...
https://www.marketwatch.com/investing/fund/xlf/chartsFinancial Advisor wrote:
Ghost of Igloi wrote:
Boomer thing you know. Bad actor.
Yup.
As they say in Oklahoma: Smell ya later horse fart.
https://www.zerohedge.com/s3/files/inline-images/Fed%20BS%20vs%20SPX.jpg?itok=Uw6NZYDEFinancial Advisor wrote:
Ghost of Igloi wrote:
Boomer thing you know. Bad actor.
Yup.
Yup.
Racket wrote:
Ghost of Igloi wrote:
Wow, cool. Right on Chester.
idk what this is all about nor do I care.
Getting back on track though, Fed is pressuring banks to stop buybacks and dividends after shaky stress test results. Sort of non-news though because most of the major banks already pledged to stop both of those things back in late March/early April when sh!t hit the fan. Kind of impressive that they're still in capital limits under the test results. Imagine if we had to lock-down in 2007 lol
Yes, and reportedly the eight largest banks had already curtailed stock buybacks through the 2nd quarter anyways, but not all the banks.
What gives me reason for some concern is the disclosure that based on the hypothetical stress test modeling, fully one quarter of the banks would not meet minimum reserve levels if there was a double dip downturn. That's a hell of a lot of banks for something that could conceivably happen.
Given that, I guess i am in the camp that would have preferred either seeing this done earlier, or having even more stringent saving (reserves) requirements, or both.
We'll find out...
seattle prattle wrote:
Racket wrote:
idk what this is all about nor do I care.
Getting back on track though, Fed is pressuring banks to stop buybacks and dividends after shaky stress test results. Sort of non-news though because most of the major banks already pledged to stop both of those things back in late March/early April when sh!t hit the fan. Kind of impressive that they're still in capital limits under the test results. Imagine if we had to lock-down in 2007 lol
Yes, and reportedly the eight largest banks had already curtailed stock buybacks through the 2nd quarter anyways, but not all the banks.
What gives me reason for some concern is the disclosure that based on the hypothetical stress test modeling, fully one quarter of the banks would not meet minimum reserve levels if there was a double dip downturn. That's a hell of a lot of banks for something that could conceivably happen.
Given that, I guess i am in the camp that would have preferred either seeing this done earlier, or having even more stringent saving (reserves) requirements, or both.
We'll find out...
I mean, it could conceivably happen now, but in all honesty I would expect more than a quarter of banks would fail the "can you sustain your business under 4 months of total economic shutdown" previous to this.
Ghost of Igloi wrote:
Financial Advisor wrote:
Yup.
As they say in Oklahoma: Smell ya later horse fart.
We do not say that. We are more mature than that.
Bear bashing currently on hold. ?
Ghost of Igloi wrote:Bear bashing currently on hold. ?
Because of a 2% dip?!?
Ghost of Igloi wrote:
Bear bashing currently on hold. ?
At this point Zerohedge needs the major indexes to straight up plunge to negative values to justify all the dumb bear sh!t they've claimed over the past 10 years so bears of that preclusion will always be on the menu
Racket wrote:
Ghost of Igloi wrote:
Bear bashing currently on hold. ?
At this point Zerohedge needs the major indexes to straight up plunge to negative values to justify all the dumb bear sh!t they've claimed over the past 10 years so bears of that preclusion will always be on the menu
Bet you we get there, easily....much crying to come unfortunately, and has Zero to do with Russia.....
?
VS-SJW-IR-TS idiot wrote:
Ghost of Igloi wrote:Bear bashing currently on hold. ?
Because of a 2% dip?!?
Actually it is true, on any dip the Bear bashing stops, especially if technology takes a hit. The gods of tech (5 stocks) 26% of the S&P 500. Pray they never crash, not likely though, so pray frequently.
