Financials, ytd perform'
$MS -6.5%
$GS -16.7%
$JPM -32.5%
$BAC -33.4%
$C -36.9%
$WFC -50.4%
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The Fed's zero interest rate policy (ZIRP) is directly harming the profitability of the US financials, and this will remain a problem into 2021. @petenajarian @elerianm https://t.co/Wi7cYW6qe1