Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Wells Fargo’s earnings report

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Is Wells Fargo Really a Value Investment?

At the end of the day consumer banking and big banks are still a value investment. The monster banks make a lot of money, generate a lot of float, pay decent dividends and they are relatively cheap right now. Unless US Senator Bernie Sanders (D-Vermont); who wants to break up the banks; gets elected president, I would say buy bank stock right now, you won’t go wrong with it.

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