Capital reserves for the largest banks will increase by 9% instead of the proposed 19%. I expect the Fed rate to be lowered to soften the blow despite nearly every historical indicator saying otherwise.
This is possible because… well… check out these other comments.
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The Stock Market is evil incarnate.
As usual: The headline sucks.
Capital reserves for the largest banks will increase by 9% instead of the proposed 19%. I expect the Fed rate to be lowered to soften the blow despite nearly every historical indicator saying otherwise.
This is possible because… well… check out these other comments.
Be ready for great depression 2.0