Almost all banks pass the Fed Stress Test!

PayPal 47nhaK
Jun 29 11 Comments

Is this a good sign? Maybe the recession isn't going to happen (wishful thinking). Credit Suisse what happened to you guys?

https://www.nytimes.com/2019/06/27/business/fed-stress-tests.html

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TOP 11 Comments
  • Next recession begins when free market Republicans (like the current one) lose the White House and Congress
    Jun 29 3
    • Capital One EXwk33
      How is this administration free market? They are imposing tariffs all over the place and picking winners and losers...
      Jul 2
    • GM Financial / IT Nataku
      This. Tariffs and trade wars are anything but free market.

      Fucking moron in the White House doesn't even understand what "trade deficit" actually means.
      Jul 2
    • PayPal thebruh
      It is free market when you close your eyes and wish it really hard -A “genius” who would vote for you know who
      Jul 2
  • Apple onepunch
    The next one will be immigrants, legal or not, leaving the country all at once
    Jun 29 2
    • Netflix fuckd
      Not gonna happen
      Jun 29
    • PayPal thebruh
      ...ever
      Jul 2
  • E*Trade / Finance cbEV72
    No, it only means that if the the recession is like one that happened last time hits us then the biggest banks will not drag us down to abyss. It happened so that the last one was about financial firms, doesn’t mean that the next one will be similar
    Jun 29 1
    • Amazon / Eng desudesu
      This.
      It definitely doesn't mean "no recession."
      It means "if recession, banks won't go Bear Stearns on us."
      Jun 30
  • Pentagon Federal Credit Union / Other 0N10N
    The most important part of the article is at the end. Fewer banks were tested and banks will be tested less often. Sounds like a recipe for disaster.
    Jul 2 1
    • Goldman Sachs fake engineer
      The risk controls have in fact tightened compared to 2008, so there is in fact lower risk.
      Jul 8