Depends how you measure “better.” Obviously, it’s better than 2008, when an entire nuclear financial bomb was dropped into the center of the system.

It’s “better” because after years of taxpayer bailouts and artificially low interest rates, the banks had time to unwind all those crap mortgages and the derivatives that were built on top of them. That all worked fine, although we’re still paying the price for it.

It’s not better because of Dodd-Frank; and the behavior of the bank stocks after Trump’s election shows what the people who really understand the financial system think of D-F.

Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.