Earnings are coming in nicely, but there is an overhang on this market – and until resolved, the market is stuck in the mud. First Republic (FRC) is now a zombie bank that no one wants to take over because they would need to raise a significant amount of equity capital against the upside down … Continue reading “Put It Out Of Its Misery” Stock Market (and Sentiment Results)…
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“Put It Out Of Its Misery” Stock Market (and Sentiment Results)…
Earnings are coming in nicely, but there is an overhang on this market – and until resolved, the market is stuck in the mud. First Republic (FRC) is now a zombie bank that no one wants to take over because they would need to raise a significant amount of equity capital against the upside down … Continue reading “Put It Out Of Its Misery” Stock Market (and Sentiment Results)…