Posted on 09/26/2012 7:34:04 AM PDT by John W
NEW YORK (MarketWatch) — Bank stocks took another beating on Wednesday morning as escalating civil unrest in Greece and Spain overshadowed all else in slow trading on the Yom Kippur holiday.
Quickly souring sentiment about the chance for central bank-coordinated stimulus to reverse slowing global growth just added to sector-investors’ distaste for banks.
(Excerpt) Read more at marketwatch.com ...
Sell. Sell. Sell.
“Turn those machines back on!”
Already the banks are asking Godfather Bernanke for QE4.
Didn’t these countries get the word they are supposed to wait until AFTER obama’s election to go bankrupt?
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