Friday, April 17, 2009

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.


At 4/17/2009 4:08 PM, Anonymous Anonymous said...

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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