It looks now like every bank is guaranteed for any amount of deposit. This means all banks pay more in fees, hurting the small, honest, regional bank harder. So, if you’re a customer, you want to find the sleaziest highest paying fly by night bank possible. If you’re an investor, whatever bank you own is paying for the inordinate risks of your dishonest competitor. Looks like the makings of a race to the bottom. Note to bank risk managers: be sure you make appropriate (ie both sided) political contributions - that’s your real insurance.$JPMorgan Chase(JPM)$
US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments