Has anybody found information on the average non-performing loans in the U.S. or for particular states? Talking to my banker the WA state average is 9%, which is huge, and with 11 to 1 leverage makes the impact of these potentially defaulting loans devastating to the banking industry. I can't find anything on the internet about it so it's under the radar or purposefully supressed? I believe regional bank failings will start the next big stock market crash!
Maybe that is why RKH, KBE, BKX, and IAT are not confirming the recent highs. All worthy of 2010 puts
Exactly what I've been worrying about. Not the first leak in the dam, but we're gonna run out of fingers to plug the holes.