RE:RE:RE:still cheapThere's a lot of big words in there Chefboy....I'm guessing copy and paste from Investment for Dummies....and just for everyone's info...Chefboy doesn't really own any stock....he's just trying to act like a big investor so he can feel important....I've seen it a few times....the tell is he really likes to brag about all the stocks he's into and all the money he's making yet seems to have a need to belittle others and critisize where no inpout was asked for....I recommend you out this poser on ignore or call him out...
Chefboy69 wrote: basic economics..maybe take that in school first bro
here is a lesson for ya..The higher the inflation rate, the more interest rates are likely to rise. This occurs because lenders will demand higher interest rates as compensation for the decrease in purchasing power of the money they are paid in the future.
Interest rates and bank profitability are connected, with banks benefiting from higher interest rates. When interest rates are higher, banks make more money, by taking advantage of the difference between the interest banks pay to customers and the interest the bank can earn by investing.
this is why the banks are going up....ECN is cheap
GLTA
Blueswin wrote: If you know anything about ECN who help to finance manufactured homes. How does rising rates help the company?