:(
10 replies (most recent on top)
Yep, the beating on bank stocks will continue. We can fight hyper inflation with high rates or save vulnerable banks, we don't get both. For a while anyway, the former will march on. Eventually the oligarchs will save the banks tho. To many corrupt / bought / Epstein Island types for it not to happen. Eventually they'll say "to heck with inflation". Ultra rich aren't that worried about inflation anyway. Meanwhile we'll get to pay $200-300/week for food...but those weak banks will be saved. Yay! 😐
People invest in WF?
Wait till next week......;-) You have no idea whats coming......
Many bank stocks are down but Wells lags all its peers in terms of ROA and ROE.
Charlie likes things that go down.
Headcount
Costs
Morale
Productivity
Systems moved to the cloud
Wall Street CEO FTFL!
flesh wound
Yep. And it still won't be a value pick.
Wells Fargo stock is headed for the 20's.
33% down in 52 weeks