“Outlook for RBS is dreadful”, says Shaun Richards – Not A Yes Man Economics

RBS has come out on the other side of the BOE’s stress test as the worst performer. This has forced the lender to bolster its balance sheet by £2bn through cost cuts and shedding assets.

In this segment we have a big panel discuss the outlook for RBS. Shaun Richard from NotAYesManEconomics sums up the outlook in one world – Dreadful.

This is a must watch segment for investors and even for technical traders out there who might be expecting a recovery, given the oversold status on the larger time frames.

The segment also includes Mike Ingram, Strategist at BGC Partners, Tip TV’s Zak Mir and Presenter Jenny Hammond.

#RBS, #stocks, #banks, #equities, #trading, #fundamentals, #BOE