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Banks Just Offered a Sobering Update to Wall Street, and It Likely Means a Big Move in Stocks Is on the Way

TheMotleyFool

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Banks Just Offered a Sobering Update to Wall Street, and It Likely Means a Big Move in Stocks Is on the Way: https://g.foolcdn.com/editorial/images/743789/money-under-chain-and-lock-debt-getty.jpg

It's pretty amazing what a difference a year can make on Wall Street. Since this decade began, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S 500 (SNPINDEX: ^GSPC), and growth-centric Nasdaq Composite (NASDAQINDEX: ^IXIC), have been taken on nothing short of a roller-coaster ride that's changed dramatically with each passing year.

While most investors would gladly accept a continued running of the bulls, a new sobering update for Wall Street by American banks could quickly change that tune.

Image source: Getty Images.

Source Fool.com