
Blowing Bubbles
THE CITY GRUMP Last week the Financial Times reported that Zoom now has the same market capitalisation as the combined market caps of Barclays, Deutsche Bank and Unicredit. The downward progress of the banks won’t come as much of a surprise to the City Grump who, in an article from 2011, warned investors never to go anywhere near bank stocks, and indeed airlines and textile … Continue reading Blowing Bubbles