This is the last five day's FTSE 100:
I see no sign of a recovery. I cannot see any of the major banks avoiding outright nationalisation. Their losses from the real economy will require it. They haven't got the capital left to support business. The market is pricing that fact.
So why not get on with it?
Richard,
Note:
The market is pricing that fact
Yup, that is what they do best.
Georges
Sometimes. Only sometimes.
Richard