It seems like we just got bombarded with a bunch of bad news at the end of the 2nd quarter, which leaves some questions up in the air for the third; however, I think I may have found one sector that has stayed on the climb throughout 2009, BANK FAILURES.
Just take a look at this great chart I found (compliments of Calculated Risk).
You can obviously see the massive spike over the last week. If you are still interested in more check out Bank Failures: By The Numbers.
More on this topic
(What's this?)
The Short of It: Bankers! The Spooks Want You
(the Underground Investor, 7/9/09)
Bank of International Settlements: Politics Greatest Threat to Sustained Recovery
(The Value at Risk, 6/29/09)
Supreme Court Decision Will Enable Political Attacks
(The Value at Risk, 6/30/09)
