u/Punctually_Late

Recession Is WFB going to be the one to lead us there?

I believe the economy is in poor shape; too many people are living on credit and soon they will not be able to pay their CC bills. Right now the only thing the economy has going for it is a strong stock market but the insane ups and downs around Iran is very suspicious.

The important part>> I think a lot of companies are overvalued. So I have been looking at what banks I think are in trouble and WFB is one I am. concerned about. The price performance over the last year is 5.4% compared to Citigroup at 62.4% that is a huge difference. I'm not sure where the safest place to keep my money is.

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u/Punctually_Late — 4 days ago