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Market Reaction to Trump Indictment

Bloomberg Businessweek

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The Political Issue of Regional Banks

What was pounded last year did spectacularly well in this first quarter. Financials are down about 7%. Energy, utilities, real estate, and surprisingly, health care also are down negative for the quarter. But I think one thing that investors need to keep in mind is not just a financial issue with those regional banks. It's a political issue. They want too big to fail in each of their states. Right.

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