33 ms·

Credit Suisse shares tank 10% on restructuring, capital concerns

• anm89 4y ago
  Its mind blowing to me that we have not seen a market capitulation event yet. Who looks at all of this and says, "yeah, everything looks fine, lets keep my money in stocks that have never made a penny". Apparently these people still exist
  • bjflanne 4y ago
    yeah, and Deutsche Bank is in similar shape. CS is just the canary in the coal mine.
    • paganel 4y ago
      A Bear Sterns moment.
  • nojito 4y ago
    Really? The tech sector has been completely annihilated this year.
    • ShivShankaran 4y ago
      Not yet started. We are still way above 2008 levels. Also small cap tech stocks are not done until they are bankrupt
    • anm89 4y ago
      Shib and doge have a market cap over 10b. I think i heard there are over 200 companies on the nasdaq with summed lifetime net earnings of 0. Shiller pe at 26.5. Buffet indicator elevated. Vix is at cycle highs around 30. None of that indicates capitulation