LOL crypto...
Some points to consider:
1.Countrywide Soars on Possible Takeover by Bank of America.
2.US merger of mortgage business by Blackstone.
3.Fed will cut rates again by 0.5%.
4.RAMS was saved and has larger debt than CNP and less assets.....Yes positive
5.Centro was approached by Australian fund manager MFS Ltd. with an offer to take over supervision of 35 unlisted retail property funds....Positive ?????
6.The majority of yesterdays sell off was UBS...no surprise, as they always wanted out!
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