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Bill Blain On Today's "Big Contrarian Trade"

Some interesting thoughts this morning for all those scrambling under the pressure of TINA - and with less than 3 months left in the year, bonus-strapped hedge funds will scramble to find alpha anywhere - from Mint's Bill Blain, on what may be the most contrarian trade of the day. Since not many will agree with Blain's argument, one can at least agree with his overarching argument: buying European banks here, with the recent risk flare up in Deutsche fresh in everyone's mind - is certainly a contrarian view as of this moment.
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