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jstratt » Comments » BBVA

  • Bank and Broker Default Risk [View article]
    Thank you Bespoke!

    Today became the day I reentered the financial sector buying stocks of JPM, USB and BK all of which are on the world top 50 strongest bank list.

    I held off on WFC even though they were the highest rated if I remember correctly. The reason I held off is that Bespoke and other financial data seems to question WFCs strength.

    In fall 2007 I concluded we were entering a financial crisis and liquidated all financial holdings such as C, AIG, CFC and BAC. It may not be the bottom but it does seem like it is an attractive time for the strong to seperate from the weak financial players.
    Mar 09 16:25 pm |Rating: 0 0 |Link to Comment
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