Interesting thoughts here from Meredith Whitney. She says the fundamentals of the economy and the banking sector haven’t changed in the last 12 months. She is sounding far less optimistic than when she upgraded Goldman just a few months ago:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.