Canadian Banc Corp T.BK

S&P downgrades 5 regional US banks

[mouserman]

Not sure the CAD banks are in as much trouble, but when the US banks have a cold, Canadian banks seem to get it too.

[mouserman]

Here is the link that story: https://www.investopedia.com/sp-downgrades-outlook-of-five-us-regional-banks-with-heavy-commercial-real-estate-exposure-8621005

[deisman03]

"S&P downgrades 5 regional US banks" This is getting to be a pre ordained seasonal event.  The banks usually have some sort of downgrade sometime between Christmas and Easter.  It's a good time to accumulate Canadian ETFs or even Bank Stocks.  There is a nasty rumor being spread this morning on BNN that there won't be any interest rate cuts this year.