David Reavill

The Fed Says The Banks Are OK...But Are They?


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Wednesday afternoon, after the markets had closed, the Federal Reserve released its latest "Stress Test" on the nation's major banks. The Fed likes to release major reports after trading for the day is complete. That's because they're never quite sure how Wall Street will react. Significant reports, like this Bank Stress Test, can send markets into a tail-spin if the news is perceived as bad.
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David ReavillBy David Reavill

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