Banks Bloodbath Into Red For 2018

"No brainer" bank stocks are being battered...

All the big banks are now in the red for 2018...

Maybe the Libor-OIS, credit/liquidity issues mattered after all...

As The S&P 500 Financials sector drops to five-month lows...

It seems a collapsing yield curve matters more than one-off tax-cut gimmicks and some deregulation after all.