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Friday, June 30, 2017 11:38:12 AM
There should be a shift from US Banks to European peers and I have accumulated positions in UBS, CS, DB, CRZBY, JBAXY, SAN to capture the "shift" in interest rate expectations in Europe.
Small US banks continue to perform well and there are numerous well run small community banks that represent good value long term plays e.g., OXBC, SLRK, BAYK, CZBS, and many others
Congratulations on your FOFN position again!
Oil Service is about scale and contracts, SEMG is my horse in this race along with the "toll collectors" ETE, EPD (solid distributions & growth)...
Then again, when the world will come to an end again and another crisis in the markets occurs... always good to own some physical metals or at least some miners
good luck and thank you for all your shared DD
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