That's a 97 to 1 ratio. There is no way that BAC, JPM and Citi the three largest U.S. Banks with combined market cap of about $700billion could ever cover the bloat the Federal Reserve Created. in fact the three top U.S. banks can't even cover 1 listed stock Apple. All the largest Custodian Banks in the U.S. can't cover 3 cents on the dollar. Watch Out below!
Sentiment: Strong Sell
Federal Reserve $ 3 cents on the dollar coverage ratio. Top 3 U.S. custodian banks with less then $700billion market cap covering a $97 Trillion Market. FDIC Insurance less then $ 7 billion in reserve covering $10 Trillion in CD's. SPIC less then $4 billion in reserve covering $97 Trillion. Feds better start addressing this now...
and all the top U.S. Banks have less then $1 Trillion Market Cap covering $97 Trillion. Its beyond to big to fail the Federal Reserves policy actually requires a full point interest rate hike here if they want to not crash the entire financial system. They know it..
It makes no since: The Federal Reserve let Wall Street Run up to a $97 Trillion Market Cap fully knowing Americas top US Custodian Banks can't cover 3 cents on a dollar with all their combined market caps of less then $1 Trillion. Thats BAC, C, JPM, and BNYM. The FDIC has less then $5 billion in reserve for a $10 Trillion market. SIPC has less then $5 billion in reserve. The Federal Reserve is about to Bankrupt us... due to inaction.
Its unsustainable and they know it. Only time now before a complete Melt down and the Federal Reserve needs to be blamed.
3 cents on a dollar... Hey lets put APPLE in the DJIA and throw away that loser AT&T. That should keep the DJIA up..
Lets only keep the winners in then the idiots wont know how to ETF INDEX...
700 points down coming.
A sell of in this bloated pig of a market would be about 2,000 points. This 276 points is just a blip, this market was rigged by the Federal Reserve by 8,000 points we would need to see DJIA 12,000 to declare this a real sell off.
robbing investors again! When is the SEC going to step in a shut these guys down.
The market s/b about 9,500
in either direction. Now you cant get a nickel
It over folks,
New financial Consultants who cant make the monthly payments on their Honda's cause market volumes are so slow and dead.
It not only at Merrill.
Folks I can tell you many Americans and maybe as many as 10 million Bank of America Customers don't have $5,000 sitting in a checking account.
With 18 days left in the quarter, there is no way that these losses can be made up.
outside of ETF index funds Churn and Burn which makes up a good portion of the entire volume. No big commissions on that stuff anymore.
Outside of the Daily new ETF INDEX FUND Churn and Burn manipulating the index's these days, there is very little commission activity and money being made. Thus, far in 2015 Q1 Trading Volumes compared to 2014 and 2013 may drop by 70%. Load up on the shorts boys..