Apr 25-29, Why the US banks are not trending along with DJI?
Recently, I read one of the forum discussion on this observation. If you look at DJI trending, it is an up trending momentum. However, the US banks and famous Warren Buffet's Berhshire Hathaway Class A share are underperforming. Why the US banks and Berhshire shares are underperforming along the DJI? Is there any financial crisis forming? Is Wall streets investment firms slowly existing their portfolios? Is the recent downgrade of US debts affected those investment firms? Is the recent weakening of the US Dollars force them to exist the investment banks? Do watch out for the next few weeks on these shares movement, as you will not like to be caught in another financial crisis.
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