Wall Street Banks Archives - Rethinking the Dollar

Two Charts Explain Why Wall Street Banks Are Under So Much Selling Pressure

Mar 7, 2020 | Economy

Yesterday, the Dow Jones Industrial Average of 30 large cap companies closed with a loss of 969.5 points or 3.58 percent. That was bad enough but the losses among the biggest Wall Street banks outpaced the Dow losses by a significant margin. Typically, JPMorgan Chase...

Wall Street Banks, Insurers Sell Off — Dangerously Linked by Derivative Trades

Feb 26, 2020 | Uncategorized

If the federal government wants to quarantine the most dangerous threat to the financial health of the United States, it will impose a lockdown and decontamination of the federally-insured banks that are holding tens of trillions of dollars in derivative trades....