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Bank Stocks Suffer In April, Will May Fare Any Better?

After leading the markets in the first three months of the year bank shares were hit hard in April as the situation in Europe grew worse once again.
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Bank of America, Morgan Stanley shares hit 2-year lows as Europe adds to banks' woes

Business & Finance : Money & Co (3 years ago)

U.S. big-bank stocks, already outcasts on Wall Street this year, now are being tainted by Europe's debt woes. The U.S. market’s decline on Monday was led by the financial sector, which tumbled in sympathy with the steep sell-off in ... Read Post

UK stocks post worst month in three years

Business & Finance : Business Report (3 years ago)

Britain's top share index suffered its worst month in more than three years in May. ||| Britain's top share index suffered its worst month in more than three years in May after data suggesting the US is struggling triggered a late s... Read Post

The Stuff Is Already Hitting the Fan in the Currency Markets

Business & Finance : Zero Hedge (4 days ago)

Stocks are rallying hard for three main reasons: 1) Janet Yellen’s press conference managed to confuse everyone into thinking that the Fed might prop stocks up longer. 2) The Swiss National Bank cut interest rates to negative in an ... Read Post


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