So… Google made a nice jump over the last 24 hours.
I wonder how long it will take North American investors to sort out that most of the move occurred during after hours trading and benefitted Asia Pacific.
Meanwhile… Asian investors are bolstering Europe’s ability to invest in – if not outright buy, North American banks.
Just for fun (and perspective), cross reference this information with activity around Citibank also in the last 24 hours.
Who “underwrites” the sell-off (profit taking)? Are the proceeds then used to acquire more banks?
NOTE: We don’t have our local media talking about any of this, do we?
Peace be to my Brothers and Sisters.
Brian Patrick Cork