Storylines

Storylines

A handful of easily digestible storylines were front and center Tuesday, which at least helped fill what can be a maddening summer void. US banks were pleased to announce their intention to dole out more money to shareholders after easily clearing the Fed's stress test, the last obstacle on the road to escaping pandemic constraints. Unshackled, the country's six biggest banks will boost dividend payments by an average of 50%. Morgan plans to double its payout. Only Citi refrained. Buybacks are
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3 thoughts on “Storylines

    1. Yup. I’m about 30% cash and can’t think of a single thing I feel good buying more of. Happy with my longs, but not interested in adding to them at these levels.

      Buy puts I guess. Or GameStop.

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