100% Gain in KBW Bank Index Since Early March
The KBW Bank Index (^BKX) closed today at 37.91, reaching its highest level in three months, since it closed at 38.1 on January 13, and it's up by 100% since the March 6 bottom of 18.62.
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, April 17, 2009
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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- Fighting Off the Somali Pirates
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1 Comments:
If the government were showering money on me I could gain 100% pretty quickly too. What's your point? Do you actually think this is a *healthy* thing, or just another step into the corporatist abyss?
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