Looks like there is more bad news in store for lower Manhattan. Whenever bankrupt trash floating on the same Fed largesse that is swamping the physical economy has been swept to the top of the current generated by a fantasy believing a flood will wash away all that ails, the "lead" these take in fact puts the market on a fast path to the bottom of the sea. So suggests the relative performance of financials versus the S&P 500 (see bottom panel).
Buon Voyage, oh washed up cyclones of fraud...
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