A warning sign from Southwest, and digging in on the next move in rates
CNBC's "Fast Money"
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Bank of America Rates Are Going Significantly Higher
The rates are going significantly higher by the end of the year. I'm not sure what it means for the broader market though. But i care a lot more about the move in banks. Bank of america is about to break out to all time highs. For all this paying on banks we actually see coming out of those second quarter numbers. We know that ned interest margins aregnto be better for thirdWe know that dividends are up and credit quality is probably as good as it's been in decades.
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