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Rumors...

Posted: Sep 29, 2016 2:22:49 PM

Our latest post was on July 28th , and our convictions have not changed. The market is still ahead of itself.   So why should you hear from us today? Because of the market rumors about Deutsche Bank’s credit lines.  Whether the rumors are true or not, they are impacting the equity markets today. If true, we do not expect another Bear Stearns-like selloff.  A selloff will still hurt, but most other banks are much healthier today than in 2008.

If there is a 5-10% or greater selloff due to a DB related incident, we would think that would present a buying opportunity. Be patient, be prudent. We shall see………………………Call us with questions

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