American banks’ shares are performing twice as poorly as the market. So much for diversification.
As banks continued to rise throughout 2019, even as interest rates tumbled, the talk was of their success in diversifying their businesses. Falling interest rates certainly hurt, but banks seemed to always have something to offset it, ranging from a boost to trading desks, mortgage-refinancing volumes, buoyant credit cards or a shift from cash into securities.
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markets telisdemos remindmetweets remind me on 11/01/20
telisdemos bitcoin fixes this
telisdemos Be calm and sensible. Do not overreact to news nor under react to real disaster. If you are a value added investor you were in this for the long haul and there will always be peaks and troughs. If you invest in leveraged markets there is always opportunity. Stay well.
telisdemos The banks sucks alright. But it may be too much too blame them for that c-virus...
telisdemos That beard looks stuck on.
telisdemos Their strategies. More than one bank. Please learn to write.
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