[This week's] rally in financials is much like reanimating the dead. Their business models have been predicated on using lots of leverage to take advantage of borrowers eager to put money in motion. Now that velocity of money is slowing in a secular shift. Banks will struggle to reconfigure their business models to return to profitability, but if you consider what moves are available you will quickly see that those moves - raising fees, etc. - ironically only further slow the velocity of money by increasing consumer costs. -- Kevin Depew, Minvanville