bank stress? what about mine.
With the Q1 earnings around the corner perhaps " Nothing to see here....or another case of watch this space?" should read:
" or another case of watch this space or corner."
With the USD surging after the FEDs ann, money inflows into the US should, once again, create problems in currency markets and EM economies.
Now add to that huge profit downgrades that are rumoured for the US banks and there you have a rather ugly scenario.
About three weeks of calm before.....
stress.
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