Calm has returned ( somewhat) to the markets. Stock markets have bounced back…So what the British pound is still down. World is beautiful? Investors business daily tells it’s subscribers on their ETF model to be 100% invested ( albeit cautiously).
What concerns this trend follower is the worlds largest banks are at lows worse than the 2008 crisis. How can this be after such a great bull market? Are banks safe to put our money? Can there be another Cyprus banking crisis…yes Cyprus is a EU member. Can peoples deposits be used for a bail in?
No one knows the future…however as I am writing this post…gold and silver are moving…GBP is still at Brexit lows….and major banks are at severe lows….
What do you think?