1worldcurrency

Have the Financials Found Their Bottom?

No, it's always fundamentals in the end. Quit looking at the charts and look at the balance sheets. Tier 2 and 3 assets are a black box and defaults are rising in EVERY loan category not just subprime. Hurricane Ponzi will blow the bottom-fishing dividend-yield-chasing chart reading voodoo investors into oblivion. I just hope they take bonus baby bankers with them.