Categories

Pragmatic Capitalism

Capital for Living a More Practical 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….

Did you have a comment or question about this post, finance, economics or your love life? Feel free to use the discussion forum here to continue the discussion.*

*We take no responsibility for bad relationship advice.

Tags: