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Friday, April 11, 2014

Banks still getting vomited


Banks:



Both are -3SD today with RSI <35.

Frankly this is starting to get a little fucking silly. What, the ten-year at 2.6% destroys their business model of making money hand over fist on every single transaction?

And we don't expect yields to go up any time soon?


2 comments:

  1. Wasn't it just last week that a bunch of econoblogger types said banks are the next big thing, the new rotation, the new emerging market of easy riches?

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