1

Pam Martens and Russ Martens – Big Bank Stocks Have Been Crushed: Here’s Why

The conventional wisdom was that the Fed’s rate hike on December 16 of last year was going to help big bank stocks by boosting their ability to charge heftier interest rates on loans. That theory has pretty much been relegated to the dust bin of financial fairy tales along with the Fed’s prediction that the slump in oil prices would …

1

PATRICIA COHEN – Over 50, Female and Jobless Even as Others Return to Work

The latest signs of an improving economy were good enough to help persuade the Federal Reserve to raise interest rates for the first time in nearly a decade. But the better job market is not good enough to land Chettie McAfee a job. Laid off at the start of the recession from the diagnostic testing firm in Seattle where she …