The Crowded Trade in Bank Stocks Among Oil-Rich Countries - Bloomberg Business:
"When it comes to the selloff in bank stocks, there’s plenty to blame: credit concern, earnings, negative interest rates, and souring sentiment.
Another theory: Burned by the rout in crude, oil-rich nations have been pressured to dump their shares. What do such funds, which make up about 5 percent to 10 percent of global assets, count among their biggest holdings? Financial firms."
'via Blog this'
No comments:
Post a Comment