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But to OP's question, Schwab probably wouldn't fall under "dependent on the success of the American startup..."
by rabidonrails 4y ago
But to OP's question, Schwab probably wouldn't fall under "dependent on the success of the American startup..."
- guywithabowtie 4y agoI am just worried in general about them, They are too big and a lot of people have exposure in this case to them in one way or other.
- Stranger43 4y agoNo in this case it's probably a case of them holding too many low interest bonds and being dependent on markets that are in trouble for "profits" meaning that they are probably going to eat capital rather then pay dividends for a long time to come(companies can loose stock value without going bankrupt overnight). The world changed dramatically over the last few years and that's going to hit some sectors harder then others and the sectors that's hurting the most is finance and tech so the companies that have huge exposure to both and not a lot of assets in energy, food and infrastructure is probably going to see losses in the years to come.