Footsie closes over 5,000 for the first time in year

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FT.com / Financials - Footsie closes over 5,000 for the first time in year.

This is completely and utterly irrational.

Cash was provided to banks through capitalisation and quantitative easing.

They are speculating it. Not investing it.

The case for a Glass-Steagall Act grows by the day.

The prospect of a second wave crash grows likewise.