Wall Street Strategies
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Banks Buckling

By Charles Payne, CEO & Principle Analyst

My focus is on banks as the financial sector has tumbled for 13 consecutive sessions.  Today, the Fed will announce how much banks allocate to buying back their own shares and raising dividends.

Meanwhile, bank reputations are taking a hit for the first time in years according to the Survey of Bank Reputations.  Maybe, the stocks and reputations would rebound if banks got back to business 101 and began lending again.

Charles Payne
Wall Street Strategies


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