Is time to double down on this red hot sector what it is and why the charts have it feeling so bullish. The feds stress test results are out. The fed is requiring large banks to limit dividends and buybacks after analyzing their resiliency during the pandemic the fed said that for the Third Quarter it is suspending the firms share repurchases, capping dividends and allowing them to proceed based on a formula derived from recent income the largest banks had already ended buybacks through the end of the Second Quarter but this actually takes it a step further. The fed will reassess those plans on a quarterly basis for the first time in ten years of stress testing, banks are required to resubmit their capital plans later this year to reflect the current environment. The vice chair notes there is material uncertainty about the trajectory for the economic recovery and its impact on banking organizations. Not all governors agreed to let the banks continue layouts even if theyre limited one g
Assassination of Martin Luther king, jr. Weve got the footage on the ground and the sound from africanamerican leaders including the family of Martin Luther king and the widow of muhammad ali now condemning the violence, demanding peace, saying to the country and to the media, wake up. The looting, rioting, must stop. It is slamming the poor and minority communities the hardest and is now killing people. With us tonight, david webb, he is host of the david webb show on leaders he thinks are showing the way and those that are not. The outrage over the use of tear gas to clear protesters before the president visited st. Johns church in d. C. Well take on that controversy as well. Also with us tonight acting customs and Border Patrol commissioner mark morgan in a fox business exclusive. Hundreds of Border Agents now deploying along with 20,000 in the National Guard, moving now to stop the rioting and looting across the country. Also joining us tonight, house judiciarys doug collins on the
Assassination of Martin Luther king, jr. Weve got the footage on the ground and the sound from africanamerican leaders including the family of Martin Luther king and the widow of muhammad ali now condemning the violence, demanding peace, saying to the country and to the media, wake up. The looting, rioting, must stop. It is slamming the poor and minority communities the hardest and is now killing people. With us tonight, david webb, he is host of the david webb show on leaders he thinks are showing the way and those that are not. The outrage over the use of tear gas to clear protesters before the president visited st. Johns church in d. C. Well take on that controversy as well. Also with us tonight acting customs and Border Patrol commissioner mark morgan in a fox business exclusive. Hundreds of Border Agents now deploying along with 20,000 in the National Guard, moving now to stop the rioting and looting across the country. Also joining us tonight, house judiciarys doug collins on the
Assassination of Martin Luther king, jr. Weve got the footage on the ground and the sound from africanamerican leaders including the family of Martin Luther king and the widow of muhammad ali now condemning the violence, demanding peace, saying to the country and to the media, wake up. The looting, rioting, must stop. It is slamming the poor and minority communities the hardest and is now killing people. With us tonight, david webb, he is host of the david webb show on leaders he thinks are showing the way and those that are not. The outrage over the use of tear gas to clear protesters before the president visited st. Johns church in d. C. Well take on that controversy as well. Also with us tonight acting customs and Border Patrol commissioner mark morgan in a fox business exclusive. Hundreds of Border Agents now deploying along with 20,000 in the National Guard, moving now to stop the rioting and looting across the country. Also joining us tonight, house judiciarys doug collins on the
Last week. That means 38. 9 Million People have been thrown on to the unemployment lines in the last eight weeks. 38. 64 million to be precise. The only bright spot is the weekly claims have consistently come down. That implies that the layoff trend has already hit bottom. Heres the markets reaction to all of this. The dow at the moment is on the down side but not much by. Youre looking at 60 points lower. Youre looking at the nasdaq down about 16. Small losses across the board. Helping the market, astrazeneca, working with Oxford University, they have announced progress on a vaccine. They will do phase three trials with 30,000 american patients in july. If it works, they say they could deliver 300 million doses by the early fall. Then weve got three stories about open up and open up now. 600 doctors delivered a letter to the president outlining the Severe Health costs of the lockdown. They call it a mass casualty incident. Open up, they say. The front page of the New York Post blares