Combine observations of global banks and markets, with other factors, and we all just might be in for a rough summer.
As noted in another story, the famous mysterious volatility-jockey, 50 Cent, is looking for rough waters ahead. Maybe indicative of what we’re all thinking.
Shares of 16 Systemically Important Financial Institutions (SIFIs) are now in bear market territory, down by 20% or more from their recent highs in dollar terms, the Financial Times reports.