(1) Fed getting the message. (2) Powell takes it back: Rates no longer a long way from neutral. (3) Buffett’s big buffet of financials. (4) Financials are cheap, and should be overweighted. (5) The debanking of America. (6) Biggest mortgage lender isn’t a bank. (7) Nonbank middle-market lenders are proliferating. (8) The Fed’s financial stability report isn’t raising a red flag about CLOs yet. (9) Deep pockets. (10) Car wreck, housing slump. (11) Faster 3D printing.
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