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Regional and Local Banks; Today's Market Retreat
Posted on May 21, 2008
Regional and Local BanksI was going to write a speculative piece about the alternative possibilities of where the hot money might flow after the oil and commodities bubble bursts, which I think can't be too far off now. That hot speculative money started with techs in the late-90's, moved on to homebuilders and real estate in the first half of this decade and since 2004-5 has spilled over to commodities and energy. And during each step of the way, it's grown by leveraging and compounding profits made in the previous bubble. Something that I'd personally like to do as I follow the herd.W...
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