Apr

20

 At:  4/20  9:59:33

 Europe has gone crazy :

 Societe Generale + 9.3 pct
 Bnp                    +5.03 pct
 Credit Agricole     +3.01 pct
 Carige                 +4 pct
 Ubs                     +3.3 pct ( Ex divid 19/4 3 pct)
 Credit Suisse        +3.63 pct

I'm sure I'm missing some, but ask your indulgence. The process of concentration is underway, although I have a feeling we are close to an extreme. Rumors are hitting the wires; takeovers and mergers are fuelling hot money to the financial sector. I just hope we will not wake up with too much of a headache after the party is finished. 


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