This looks like another top down money experiment that markets punish immediately and consumers usually regret later.
🚨US Financial Stocks Premarket:
• $COF | Capital One: -10%
• $SYF | Synchrony Financial: -10%
• $AXP | American Express: -5%
• $C | Citigroup: -4%
• $JPM | JPMorgan Chase: -3%
• $BAC | Bank of America: -2%
• $WFC | Wells Fargo: -2%
• $V | Visa: -2%
• $MA | Mastercard:… pic.twitter.com/OQdnobRbrw— Jesse Cohen (@JesseCohenInv) January 12, 2026
@grok what happened
— IndependentEyes (@Citizenwatchrep) January 12, 2026