This is deflation on a massive scale.
$XLF
Bonnie Baha: The Big Banks Look Like Legacy Airlines
“Like the legacy air carriers, the top banks in this country have yet to find a sustainable profit-making model in a changed world.”
The Dick Bove Mea Culpa
Your average fundamental sell-side analyst has spent the year kneeling in the grass, gazing at ants through a magnifying glass while hurricanes, earthquakes and volcanic explosions raged all around him.
Russian Roulette
Who’s holding the bomb? Where is that bullet?
Cramer's Gutsy Rant on the Banks
Video.
He's Got the Whole World in His Hands
If there’s no deal, then everyone in bankland may have to scramble for more capital to satisfy The Street that they can withstand the lawsuits.
Bespoke's Sector Performance Year-to-Date
Sector selections still matters.
Too Big Not To Despise
These big bank stats are mind-blowing…
I Could Really Use a Wish Right Now
The banks, they’re rolling over hard here. There are disagreements as to why…
Behind the Bank Spanking
The XLF patch has now officially been declared a disaster zone by FEMA.
