Meredith Whitney is calling the banks’ earnings “the great white wash”. She says that almost none of the Q1 earnings are sustainable.
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.
If the big banks pass the stress tests that should provide a pop? I would think.
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