Tag Archives: bank stocks

Update on US Banks and the Euro Area – Things Look Grim

Now on to a somewhat less happy topic, namely the US banks, especially the so-called ‘TBTF’ banks. As long time readers are probably aware, we have always held that people will tend to underestimate the ‘stickiness’ of the down cycle in real estate. However, there are a number of historical examples of which the most pertinent is probably Continue reading →