A terrific article with some great illustrative charts at Mish's Global Economic Trend Analysis.
Highly recommended.
I know people buying regional banks to take advantage of the Fed's steepening of the yield curve to reliquify the banks, while avoiding the big national banks entwined in the mortgage crisis. Mish's point is that the commercial real estate problems are going to impact the regional banks very negatively.
No comments:
Post a Comment