BANKS PLUNGE AS LOSSES SKYROCKET TO $650 BILLION
Banks are facing financial crisis 2.0 as unrealized losses hit $250 billion industry-wide. Also, bank stocks plunge by as much as 50% from the peak stock prices and are at an all-time low vs the S&P 500.
Thank you for being a part of my channel. I am an investor that also works in the finance industry. I also am a news-hound and love keeping updated on the latest economic, financial, and business news. Economic 'boom and bust' cycles are very fascinating to me so and I have had some very good luck in the stock market, precious metals and investing in real estate, therefore, I have decided to share my research, knowledge, news digging, and analysis with the world via this channel.
This channel contains news and analysis that often includes 'one mans opinion'. The information conveyed should never be taken as investment advice. Everyone should do their own due diligence and research before making investment and money decisions.
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