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-- Housing continues to form a good bottom.
-- All indicators including housing, retail sales, consumer sentiment and jobless claims point to U.S. economy as a whole continuing to heal.
-- This will continue until and unless our politicians do not make necessary decisions and hurt it.
-- They can help by passing on reforms.
-- U.S. banks have done a good job dealing with legacy issues (reduced bad debt, increased capital, etc.).
-- Banking of tomorrow is much lower ROE activity.
Credit and source: www.bloomberg.com, Bloomberg
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