Last week was the death of the petrodollar.
This week may be the death of banking as we know it.
Major banks suspend their share buyback programs.
https://www.fsforum.com/types/press/...hare-buybacks/
Quote:
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The Financial Services Forum announced that its eight members decided today to temporarily suspend share buybacks for the remaining period of the first quarter and the second quarter of 2020.
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