The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
You are currently following Smarty_Pants
Stop FollowingYou are no longer following Smarty_Pants
-
621
)
-
When you consider that, absent the gub'mint bailout, many of the component banks in XLF would have a book value of ZERO, the XLF price is holding up quite well.
Nov 18 14:39 pm
|Rating:
0
-1
All Comments by Smarty_Pants »A No-Confidence Vote Among Financial Stocks [View article]
Maybe when net bank equity gets back above zero the sector will start to see some recovery. Current non-borrowed reserves are $-320 Billiion.
research.stlouisfed.or...