Monday
Apr182016
Chris Whalen On Energy Exposure At The Big Banks
BLACK GOLD BLEEDS RED
There has been concern of late in certain dark corners of the shady interwebs (mostly at ZH) that the banking industry is going to be hit hard by a tidal wave of bad energy loans. Planet earth's greatest living banking analyst says "Meh, probaly not gonna happen."
Chris is not particularly thrilled with the outlook for banking profits this year. There's a lot in here. Solid clip, runs 2 minutes.
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The Chinese battle of bulldozers?
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