Investors around the world are waiting to see what comes out of the G-20 Summit-- and more specifically that meeting between President Trump and Chinese President Xi Jinping tomorrow at the G-20. Stefanie Miller, analyst and co-founder of Sandhill Strategy talks with Yahoo Finance's Julie Hyman, Adam Shapiro, Rick Newman and Sibile Marcellus.
Like the T-shirt cannons that come out between innings at a baseball game, the big U.S. banks have all run out with plans to shower their shareholders with capital. The proposed dividend increases and hefty share buybacks come after the banks cleared the Federal Reserve’s annual Comprehensive Capital Analysis and Review on Thursday. For the year beginning July 1, RBC Capital Markets says that the large banks it follows will return to shareholders $190.4 billion of capital –up 13% from the $162.3 billion in the current year.
President Donald Trump says the alternative to a trade pact with China is simple: collect tariffs and do less business with the second-largest economy.