So if Norm is always right explain the price of the stock....and dont give me the Wall Street conspiracy theory, buy physical gold, etc. nonsense. And "in the next couple of years" eh? I guess you have waited since the 1990s, I guess you can wait a little more.
And hats off to quefoo, the numbers don't lie. Norm would have us think that there should be some big reward for simply making loans to replace those that are being paid off or are maturing. Geez, you think? I'll alert the media...that's a real chart breaker, that one!
The cyclical nature of the markets and the economy are pointing us back into recession in 2013-2014. You may be in for another pull back. Don't fall too far in love with BB&T, it will retrace like everything else, and worse, its pursuit of non real estate lending puts it a far greater risk, as it has never really understood non real estate collateral underwriting (well, didn't really understand real estate collateral either, but that's for another post)