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« David Merkel's Tour de Force | Main | Does Honesty Matter? »

May 02, 2009

Comments

oldprof

Larry -- so putting this another way, you dispute the statistical analysis from CXO. Your opinion is that there will be more bank losses, and your further opinion is that the long-term relationship between bank failures and the market is incorrect....

Just checking....

I always look for insight from every comment, but those replying on this one here and on Seeking Alpha all seem to give opinions about the banking system.

That is not the point of the article -- a statistical analysis of potential leading indicators.

So the key question is why this time is different?

Thanks,

Jeff

Larry Nusbaum

I am afraid that we have not see the worst of the bank losses as of yet. This may send the economy over the cliff and cause serious EPS erosion. I see the market taking a hit as a result...

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