Euro-Bank Crash

Do NOT Ignore the Euro-Bank Crash, by Mike Larson, 2/4/16

Market Roundup                                                               

Dow 16,416.58 (+79.92)

Gold $1,156.50 (+$15.30)

Oil $33.39 (-$0.47)

Get a load of these year-to-date losses in the massive euro-banks that trade here in the U.S.:

Deutsche Bank (DB), down 29.8%

Credit Suisse (CS), down 31.4%

HSBC Holdings (HSBC), down 14.8%

Barclays PLC (BCS), down 21.1%

UBS Group (UBS), down 20.6%

Royal Bank of Scotland Group PLC (RBS), down 20.1%

Banco Santander (SAN), down 16.6%

To read the rest of my Afternoon Edition, go to moneyandmarkets.com

[Mike Larson]