The New Bullish Market: Bank Failures

July 6th, 2009 | Filed under: Financial Markets

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).

Bank Failures Chart

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?)
What is the Best Bank in America?
Top Five US Bank Stocks To Invest In Now
Read more on Banking, Bull market at Wikinvest