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What Will Cause The Next Market Crash?
Many Happy Returns
The Fed's Monitoring of the Banking Sector
The Fed says its examiners have increased the frequency and depth of monitoring at vulnerable banks. The banking system, it's strange, isn't it, this year? But the sector as a whole just posted record profits in the US. For Q1, it was $80 billion in bank profits, which is up a third on last year.
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