They approach a quarter-trillion dollar market cap. They have an annual dividend yield of 1.28%, and with a market cap of $234 billion, that amounts to a fair bit of money. And their earnings amount to about 6% of their market cap, which is also...a ton of money.
They seem to be doing well enough.
And?
Too much cash out...and lack of liquidity? How does that work?
I don't disagree that we could see another financial crisis, although we'd probably disagree on why. We seem poised to roll back the meager restrictions pushed through after the last crisis, which would allow the banks to reopen the casinos that bankers use other people's money to gamble with.
The money they count on is out on bond loans.
We have had far too low interest rates and that is why the DOW is over 20,000. people do not what to own bonds at 3% when they can hold high-yield equity funds that pay 3% and have risen 14% this past year. The stock market is way over valued now.