Banking stocks is a bad bet against Fed hikes!

Posted by Tobby > 2022-01-24 14:55 | Report Abuse

Investment!

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2 comment(s). Last comment by Tobby 2022-01-24 15:27

Tobby

7,397 posts

Posted by Tobby > 2022-01-24 14:56 | Report Abuse

Well, i read few i3 members recommending banking stocks few weeks ago! Which i find strange considering our BN governor will not dare to increase rate in short term!
And now that we know Fed will hike 3 times this year, it would make our local banks quite unattractive really!

Tobby

7,397 posts

Posted by Tobby > 2022-01-24 15:27 | Report Abuse

Furthermore with GHK bad debts, our local banks are in for a bad haul!

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