European Banks: Value Play or Value Trap?

Published on
September 23rd, 2019
Duration
10 minutes


European Banks: Value Play or Value Trap?

The One Thing ·
Featuring AK

Published on: September 23rd, 2019 • Duration: 10 minutes

Is there a case for buying beaten-down European bank stocks? AK explains what’s been going wrong, and examines whether there’s now a case for taking a second look.

Comments

Transcript

  • BR
    Ben R.
    25 September 2019 @ 02:28
    Distilling the themes that are coming forth from the interviews like this is a brilliant move and I greatly appreciate it! Keep it up, team!!!
  • PB
    Pieter B.
    23 September 2019 @ 19:33
    Another brilliant job AK! Thanks!
  • RM
    Russell M.
    23 September 2019 @ 19:23
    Very good summary of analysis by Real Vision interviewees of the prospects for European banking!
  • MS
    Michael S.
    23 September 2019 @ 16:14
    Value trap: in this central bank driven bull market, valuations mean nothing
  • TS
    Taranvir S.
    23 September 2019 @ 13:42
    There is no strong catalyst for European banks to go up 1. Flat yield curve and negative interest rates charged by the ECB 2. Too many banks in the region and lack of quality assets on their books 3. Low (No?) economic growth... 4. Geopolitical uncertainty and conflicts among Eurozone members 5. Demographic shifts (Older people don't borrow much and like start businesses/buy homes while young ambitious European people would rather be in UK/US or other DMs) and the list goes on I guess...
  • Nv
    Nick v.
    23 September 2019 @ 10:07
    There is if you believe European rate go sideways to higher from here OR switch from Deflation to Inflation assets happen