These were the Bank drawdowns during the Global Fin crisis (2008-09).
Imagine these Banks and their stocks surviving (and coming back great lengths) despite such huge drawdowns and the financial collapse.
This is not 2008-09 so things may not get as bad, I think.
Unless of course there is a global Bond market implosion.
History repetes.. if you been in the markets for 50 years like me... upgrades starting to hit new wires. BAC $40 upgrades.. going head 36 to 38 next few days
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