Cheap oil is creating headaches for the Wall Street firms that bankrolled America's oil boom. ... Banks "are going to lose money on the loans they've made. That's pretty evident -- whether oil prices go to $30 or $80 a barrel," said Dick Bove, an analysts who covers banks at Rafferty Capital.Since pictures say a thousand words:
Wednesday, October 14, 2015
"Signals: Whiskey! Alpha! Hotel!"-- Wall St. Edition
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3 comments:
Pretty sweet that I can fill my tank for $20. At least the lack of a raise is being helped by the decline of gas...but the Fed will still justify its rate raise due to 'inflationary' pressures.
Taxpayer bailout in 3...2...1...
Call this phone number and see what you can do...
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