• 30 Jan 2013 at 6:26 PM

Dick Bové: Hold Onto Your Hats

La Bové is back with his first piece of “outspoken analysis” from the new shop

The former Rochdale Securities analyst met the media Wednesday for the first time since switching over to Rafferty Capital Markets, a small player in the field but one where he said he feels comfortable to continue his often outspoken analysis. Rochdale collapsed after a rogue trader in late 2012 brought the firm down. Following a year in which financials led the stock market higher, Bove said the industry is now in a position to continue that leadership role and reward investors who got hammered during the financial crisis. “What I’m suggesting is for the next 14 years — you’ll have some setbacks, some recessions — (but) bank earnings will do what they did from 1992 to 2006,” he said. “They’re going to go straight up.”

[CNBC]

Comments (5)

  1. Posted by Wonkster | January 30, 2013 at 7:09 PM

    You guys really need to move on. This guy jumped the shark a few years ago. No on cares about this guy, he has no credibility, and he's clearly circling the drain professionally Come up with some new material (and I don't mean more posts about Jamie Dimon).

  2. Posted by Xenomorph | January 30, 2013 at 7:12 PM

    Go back to your Tonka toys and let the adults handle thi, m'kay

  3. Posted by Puck It | January 30, 2013 at 9:39 PM

    I missed her

  4. Posted by nachocheese | January 31, 2013 at 7:31 AM

    He once dated Manti's girlfriend….

    Stay Thirsty My Friends…..

  5. Posted by Guest | January 31, 2013 at 9:36 AM

    In his typical fashion, Bove came up with some bovine material, and I don't mean beef. Who consumes his "research"!?

    - Sell Sentiment