Brexit Banking Crisis Unfolding

Jun 24, 2016 19:49

The Bank Index in Europe Just Had it's Largest Daily Drop Ever

"They're going lower ... avoid these ... don't pick bargains.. there's going to be some European bank stocks that lose all their equity value in 2016 ... like Bear Stearns style... it's a very grim picture.. it's a mess..."



CLICK TO PLAY VIDEO (8 MINS)

banking sector, brexit, economic shocks, bear stearns, global financial trainwreck of 2007-?, treasuries, cdos, lehmann, europe, lehman shokku, sovereign debt crisis

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