Positive Things From An $18.3 Billion Loss
(ESPN 30 for 30 voice) "What if I told you, Citigroup stock was trending upwards after reporting an $18.3 billion loss".
That's right, a report coming out today from the WSJ telling how the company took a slap in the face from the new tax bill.
As of this post, shares are up for the day and analysts believe it will trend this way into the future. How high can we go?
How do you guys think the banking industry has reacted to the new tax bill? They seem to be taking it in stride and their executives are optimistic about the future.
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