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Pragmatic Capitalism

Practical Views on Money, Finance & Life

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….

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.
Cullen Roche

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