PNC Financial Services: Facing the Heat [View article]
ETFC B/D biz has benefited the same way as oil ,wheat and other commodities, the flood of "retail", ETF, and other mass market investments surrounding a limited supply of commodity....while RE, stock market and bonds suffer- these groups have been artificially propped up... ETFC will not survive because their customer base has a very shalow pocketbook, and that is getting tapped right now.
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ETFC B/D biz has benefited the same way as oil ,wheat and other commodities, the flood of "retail", ETF, and other mass market investments surrounding a limited supply of commodity....while RE, stock market and bonds suffer- these groups have been artificially propped up... ETFC will not survive because their customer base has a very shalow pocketbook, and that is getting tapped right now.
May 20 15:00 pm
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