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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Micah Lance who wrote (58361)11/3/2016 2:54:35 PM
From: CitizenKane  Read Replies (1) | Respond to of 78704
 
I agree with you about the Fed. It is necessary as interest rates rise. The economy will eventually be completely disordered if it continues like this. In a crisis the Fed will not have enough means to act if rates remain low.

Wells Fargo is the best of the major US banks. They will recover from this. However, it is true that the market underestimates the potential consequences there might be. Wells Fargo brand is affected it is a bad thing.