INFINITY SQUARE

COMMENTARY FROM THE RIGHT ON ISSUES OF THE DAY... WORLD EVENTS, NATURAL DISASTERS, MARKET FORECASTS, POLITICS AND MORE.

Wednesday, February 21, 2007

Bank Stocks

It's exciting.... The word "inversion" has popped up over and over again during the past year, and bank shares are still soaring as if nothing has happened.

For banks today, traditional banking activities have become an inconvenience, viewed in much the same way that casinos look upon the problem of handling huge piles of change they rake in.

There was a time when banks and casinos were at opposite ends of the financial spectrum. I'm a traditionalist, and I find it sad to realize that there's nowhere I can go to get out of the fast lane.

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