If Asset Prices Are Dropping, Why Are Bank Stocks Rising? [View article]
All that you say may be true, but the cost of money for the banks right now is next to nothing. And the spread is pretty good. So, business going forward is going to be very lucrative. Can the banks earn enough to eventually work themselves out of the current mess? Maybe so, which is why the bank stock prices have been good. Particularly those that don't have a lot of trash on their books.
If Asset Prices Are Dropping, Why Are Bank Stocks Rising? [View article]