Source FT. New research [from BIS] suggests - perhaps unintentionally - that leverage ratios are a poor indicator of impending severe bank stress or failure, casting doubt on the heavy reliance placed upon them in stress tests and efforts to make the banking system safe.... how come we keep having so many problems?
They keep making new studies, new research lead by the best minds. Yet we are drowning in problems.
I am baffled, to say the least.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest
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