grdecter on Nostr: Good Morning Everyone! Wall Street’s biggest banks passed the FED’s annual stress ...

Good Morning Everyone! Wall Street’s biggest banks passed the FED’s annual stress test. This year’s hypothetical scenario involved the US unemployment rate surging to 10% while commercial real estate prices plunged 40% and the dollar jumped against most major currencies. Since they passed, the banks can now update their plans for buybacks and dividends.