Bank Stocks Soar As Fed Stimulus Continues (Deutsche Bank Posts Tremendous Fixed-income Revenue Growth)

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by confoundedinterest17

KBW Bank Index (a modified cap-weighted index consisting of 24 exchange-listed National Market
System stocks, representing national money center banks and leading regional institutions) rose to a record high .. with near-zero Fed Funds Target Rates.

And seemingly endless asset purchases by The Federal Reserve.

Deutsche Bank’s fixed-income trading revenue growth is second behind Morgan Stanley.

Will Chairman Powell take out the fire extinguisher today at 2pm?

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