Bingo 2

Will the Dollar Recovery Launch a Bank Rally?

The bank situation will not right itself until we have a whole new group of folks at the helm of the Fed. The current bunch "just" realized that the rate of inflation is greater than the current interest rate available to banks. This is something most of us realized MONTHS ago. When we have competient people back in the Fed, we will be able to attack the problems. Right now most of us are trying to reach shore before the boat sinks, but after 50 years in this game i do know most everything that goes down will eventually rise. Maybe a good time to buy some distressed banks?