... banks will never be replaced by technology... how many companies no longer exist because of technology..? you have kodak.. polaroid.. compaq.. novell.. banks are always needed.. they are essential ..
Their is no crisis,it's well over people need to accept it and move on .Bassel 3 agreement may hold back growth in banks but it clearly acts as a safety net and works and when it's fully inducted by 2019 ,banks stocks will be safest stocks in the market
stocks usually need to test lows a second time before the upward recovery is properly formed so it could dip to under 24 cents again but it might not happen until after results , i think the movement after earnings will be timid , the market is likely to wait to see what happens in the general election so i dont see mid thirties for a month at least , that said , the sell off was very severe this past week across europe , the DB note last night might have changed things , talk of things being worse than 2008 seems over the top , if that happened , i dont think anywhere would be safe
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