Wednesday, July 27, 2011

Dick Bove on the Debt Ceiling:"...All Stocks are Likely to Fall" (BAC; C; JPM; WFC)

My grandmother used to tell me "You have an amazing grasp of the obvious".
She was a sharp-tongued woman.

I'd respond: "But Grandma, I'm only this many: |||"

Bove is considerably older than that.
The banks are down 1 to 3%, the XLF is down 1.81%.
Here's MarkerBeat:
But What Does Dick Bove Think About Debtpocalypse?