Tuesday, February 2, 2016

European Bank Stocks Plunge To Cycle Lows - What NIRP Has Wrought

Tyler Durden's picture

http://www.zerohedge.com/news/2016-02-02/european-bank-stocks-plunge-cycle-lows-what-nirp-has-wrought
Coming to Japanese bank stocks soon...



European bank stocks are down almost 40% from the day Draghi unleashed NIRP in Europe. Today's plunge takes out recent lows, pushing prices back to almost "whatever it takes" lows.

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