Thursday, October 20, 2016
My best friend's name is Alex. He's a guy who I met in university when we were taking a korean history course. And we share an interest in Asian culture and Asian studies, and just travel and meeing people from around the world. He's a very outgoing person, not shy at all. And he is someone who values conversation. So whenever we meet, we usually catch up on how we're doing. We try to meet about a few times every month, just to stay in touch and find out how each other is doing.
Deutshe Bank is probably, of all the banks, the one that's in the most precarious position. But right now in the U.S., the majority of the banks passed their stress test. And I think that's why we're going to see more bullish action in U.S. markets because we really are the more stable market out there, relative to Europe emerging markets. So I think stocks like a Ford or GM, or anything in the utility or telecom sector, will continue to do well because... sine bonds aren't paying anything. In fact, you're paying some places to hold their bond. You're going to see the high-yield dividend producer stocks continue to do well.