wescobrk Posted October 10, 2014 Share Posted October 10, 2014 Perhaps I'm a bit daft but given the IMF upgraded the US but downgraded Europe a couple of days ago and since Wells international exposure (to my knowledge) is virtually nil, is there a rationale why it should be down a few percentage points recently? I bought a lot today but I don't understand the sell off. How can wells be hurt with germany slowing? Link to comment Share on other sites More sharing options...
Libs Posted October 10, 2014 Share Posted October 10, 2014 Maybe it goes something like this: Slowing WW growth / recession = lower interest rates = compression of net interest margin = disaster for lenders. So the fear is, Europe is slipping into recession / deflation, and it will impact us. I saw the 10-yr is down to 2.33% here, for instance.. Isn't this what killed the Japanese financials? It's my biggest fear as a WFC shareholder. Link to comment Share on other sites More sharing options...
indythinker85 Posted October 12, 2014 Share Posted October 12, 2014 Importance of ROIC Part 5: A Glance at the Last 42 Years of Wells Fargo http://basehitinvesting.com/importance-of-roic-part-5-a-glance-at-the-last-42-years-of-wells-fargo/ Link to comment Share on other sites More sharing options...
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