MIX is my 4th largest, then IIF. It's all good today for the REITS! I guess the banks may have decided to lend them all money again after holding the gun to their head for months.
Amazing. The banks completely trashed thousands of companies on the international stock markets over the last year. Not the super funds who seem to have mostly sat tight. Not the retail investors who were gobsmacked by the collapse.
The banks. everywhere you look over the last few months, the banks were selling stocks. Barclays, UBS, Goldman sacks, Merill Lynch, JP Morgan, Deutche, MQG, ING, HSBC. And now they are wondering why the global economy has collapsed. What tools. Why oh why did we bail the worst of them out? We would be better off without these dodgy outfits. There are a few good banks left who could take over.
MCW Price at posting:
27.5¢ Sentiment: None Disclosure: Held
