3min chapter

State of the Markets cover image

#174 Akhil Patel - This valuable signal could infer the market direction for years

State of the Markets

CHAPTER

Metro Bank's Share Price Goes Down

I think we got the first glimpse of how things can, you know, start to move in, I think it was in 2019. There was a sort of kind of a run on Metro Bank in the UK in 2019. So that led to deterioration in their shareholder equity. And then someone got wind of the fact that Metro Bank quote unquote was in trouble. They've been going down for some weeks or some months because market was pricing the same. The problem is there's a lot of different issues interrelated and they all come together at these kind of key junctions. One of the problems is that social media allows sentiments to be really spread very quickly and often because they might be on

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