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Why Record Profits For Big Banks Could Be Good For Consumers

WSJ's Take On the Week

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Financial Stocks Perform Strongly in S&P 500

Discussion on the positive performance of financial stocks in the S&P 500, attributing it to factors like economic strength, high interest rates, and resilience of consumers. Focus on bank term funding program's impact during the financial crisis and anticipation of major banks' earnings reports for economic outlook.

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