On July 5th the 4th of July fireworks celebration ended with a BIG bang when Moody’s Investor Service (MCO) placed Royal Bank of Scotland plc’s (RBS) on review for a downgrade. According to the public statement made by Moody’s: London, 05 July 2013 — Moody’s Investors Service has today placed on review for downgrade Royal […]
Tag Archives: Bank
USB: An Unusually Safe Bank — OR — An Unscrupulous Self-serving Bank?
Company: A long-time favorite of Warren Buffet’s Berkshire Hathaway, U.S. Bancorp (USB), over the decades, has been considered one of the safest U.S. financial institutions in which to invest. Over the past several years, very few domestic banks could match USB’s performance, especially in light of the 2007-2009 financial crisis. As opposed to other financial institutions, […]
Posted in Articles, Fundamentals, Stocks Also tagged Bancorp, Banks, Stocks, Trading, U.S., USB Leave a comment
A Little More Sputtering
Earlier today the Federal Reserve Bank of Chicago reported that manufacturing activity decreased 0.53 percent in April. The decline follows a 0.23 decline in March. This information only serves to reinforce information presented in my earlier post (i.e. national economic activity is weak). According to the report: “Three of the four broad categories of indicators that make […]
