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Pragmatic Capitalism

Practical Views on Money & Finance

BANK CRASH NOW WORSE THAN TECH CRASH

Bank stocks have now fallen farther than the Nasdaq fell during the tech crash of 2000-2002.

The Dow fell 89% during the great depression, the Nikkei fell 83% during the Nikkei crash, tech stocks fell 83% during the tech bubble crash and banks are now down 84% during the credit crisis.¬† I think you have to start wondering if these banks aren’t a good buy for a part of ones portfolio….

Got a comment or question? Feel free to contact Cullen via email here or on Twitter here.
Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.

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