Banks Are the Most Expensive They've Been in 16 Years
105 banks, every major market. Canada is the priciest. And what buying high in banks historically has cost investors.
If you’re trying to read about AI, then as Eddie Vedder would say, this is not for you.
If, however, you’re interested in learning about the global bank stock universe, then you’ve found your happy place.
I did have time to write a shorter letter so I will keep it to the point here.
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