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Financial Stocks Rise as Fed Clears Path for Banks to Resume Buybacks


Financial Stocks Rise as Fed Clears Path for Banks to Resume Buybacks
2020-12-18 22:30:00
Brendan Fagan,
Izaac Brook,
Fed Bank Stress Test Results, Financial Stocks, Covid – Talking Points
Second Round of Bank Stress Tests Featured Worsening Coronavirus Economic Shock
US Banks Remained Strong Despite strenuous Tests
Fed to allow restricted buybacks and dividends in Q1 2021
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2020 Bank Stress Tests Round Two: Banking System Remains Strong under Covid pandemic
The Federal Reserve released results from the second round of stress tests this afternoon. Banks were deemed to have strong capital levels and remained a source of strength for the overall economy. Financial and bank stocks reacted to the upside following the Fed’s assessment of the banking sector crossing the wires. The Financial Select Sector SPDR Fund ETF rose nearly 4% in after-hours trading. ....

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Season of the Witch, Indices Run Wild, Enter Moderna, FedEx Delivers


Season of the Witch, Indices Run Wild, Enter Moderna, FedEx Delivers
Plus, Coinbase files for an eventual initial public offering that should draw a ton of interest.
Dec 18, 2020 | 07:19 AM EST
Odysseus
The investor proceeds on his or her mission. To provide. To succeed. The focus must be both on the goal as much as on the method. Work hard, with no goal, and where the trail leads literally could be anywhere. Set a goal or goals without working up a framework or some kind of outline (mission statement) and one s goals eventually become unrealistic as distraction along the way becomes inevitable. ....

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