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From: "Money and Markets" <eletter@e.moneyandmarkets.com>
Date: 6 June, 2011 4:33:01 AM PDT
To: <computerdiy@yahoo.com>
Subject: WARNING: Sinking bank stocks spell big trouble!
Reply-To: Do-Not-Reply@e.moneyandmarkets.com
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YOUR BEST SOURCE FOR THE UNBIASED MARKET COMMENTARY YOU WON'T GET FROM WALL STREET
WARNING: Sinking bank stocks spell big trouble!
by Martin D. Weiss, Ph.D.
Monday, June 6, 2011 at 7:30am
The last time U.S. bank stocks started sinking, it spelled a lot more trouble than anyone dreamed possible; and now, it's beginning to happen again.
Starting in February 2007, the KBW Bank Stock Index, representing 24 of the largest banks in the country, tumbled 85% — from a peak of 120.14 to a low of 18.97 in March 2009.
If you had invested $10,000 in those big bank stocks, you would have been beaten down to a meager $1,579 within just 25 months.
And you'd be among the luckier ones! The same $10,000 invested in Citigroup shares was pulverized into $188. And shares in banks that were shut down by the Federal Deposit Insurance Corporation (FDIC) fell to zero.
Suppose you just held on to your banks stocks until today? Your original $10,000 in the KBW Bank Stock Index would still be down to $3,919 (a 61% loss) and your $10,000 of Citigroup shares would only be worth a meager $734 (a 93% loss).
This morning, I will name the 11 largest U.S. banks that are vulnerable today and give you explicit step-by-step instructions on how to protect yourself. But first, let's address this all-important, burning question: ... [More »]
Profiting as the Economy Loses Steam
The recent economic news has been dismal. Mike Larson explains that quantitative easing, borrowing and spending gave us a "bought and paid for" recovery that only boosted asset prices and fueled speculation, rather than propping up the real economy.
Click here to view [»]
Economy Tanking! What to Do?
Despite all the government stimulus, government rescues, government borrowing, and government money printing, the economy is STILL stumbling and slumping.
The job market is coming apart at the seams ... manufacturing is fading fast ... housing is sinking again ... consumer spending is on the ropes!
Go on the offense. Use this crisis as an opportunity to turn sour lemons into sweet lemonade. We show you how in this video.
Expert opinions may differ. Understanding diverse viewpoints will help your own decision making.
Global Economy Slowing ... Another Recession Ahead?
by Bryan Rich
The kick the can down the road strategy is coming to a head in Europe. China's overheated economy is slowing. And, the U.S. economy is ...
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by Sean Brodrick
For now, bearish and bullish forces are balancing the market for crude oil. But, the Fed's monetary policy decisions may ...
[More »]China Electricity Shortage Implications
by Rudy Martin
China is facing severe electricity shortages that are likely to get worse before they get better. As a result, second-quarter economic growth may be ...
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Why do you think unemployment jumped in May?
Welcome to Money and Markets.
Well, the recovery we desperately need isn't happening the way many had hoped. In fact, this week's news gave us some of the worst numbers in years!
- ADP Employer Services dropped a bombshell — the economy created a meager 38,000 jobs in May. That's down a shocking 78 percent from April.
- U.S. home prices suffered their worst decline in 16 months, plunging below the lowest level of the entire 2007-2009 housing debacle.
- Pending home sales are even worse, declining a whopping 12 percent or twelve times more than the 1 percent economists were expecting.
- And the manufacturing index had its biggest decline since September 2009.
Headlines like this make you want to run for cover. But we know that when investors have up-to-the-minute expert advice, there are still boatloads of profits to be made.
Weiss Research is here to keep you informed through every turn along the way so you can make the right moves.
For details on the many tools we offer to empower investors, visit Weiss Research.
As always, if you have a comment, we'd like to hear it. Just Tell Us!
P.S. Don't miss excerpts from Martin Weiss's new book: The Ultimate Money Guide for Bubbles, Busts, Recession and Depression.
Sometimes opinions differ. Understanding diverse viewpoints will aide your own decision making.
Signs Point to Another Round of Global Recession
Over the past several weeks it's become clear that the global economy is turning down. Japan returned to recession last month. So did Denmark. The euro zone, laden with ...
[More »]Economy Losing Steam. Three Moves to Make Now!
I sure hope they have a lot of lipstick in Washington and on Wall Street. Because they're going to need it to gussy up the latest economic news! Just over the past several days ...
[More »]Telecom Sector Rides the Internet Wave
Today we'll look at the sector that makes much of the Internet possible: Telecommunications. With ETFs, you can be part of the miracle and maybe turn a profit at ...
[More »]The Stock Market Is Sending Three Bearish Messages
The stock market is a leading indicator with an impressive track record. Recent developments in the banking sector, S&P 500 and emerging markets have important implications for ...
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What Obama Can't Do, These SIX Events Could
Watch this eye-opening video presentation and find out WHICH six "jackpot" events are about to change your life ...
And could even make you richer, healthier and happier ... in ways no sycophantic bureaucrat ever could!
Click here and find about the SIX EVENTS about to change your life forever.
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UNCOMMON WISDOM
10 Companies Making a Mint in China
by Tony Sagami
China has 1.1 million millionaires, according to a new study by The Boston Consultancy Group. That's a whopping 262,000 increase in just 12 months. I've been saying for years that you need to get 'long' whatever the Chinese are ...
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About Money and Markets
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