RE:Fiddy Basis Point Interest Rate Hike Coming This WeekNot when ENB is yielding a full 1.25% plus over BNS. Even more over TD.
You and I both own BNS and safe as it is I believe in this current environment ENB is safer.
Unlike banks there is no risk of loan and mortgage defaults. There is certainly no risk of shutdowns.
The oil addicted markets need their fix and ENB is the market's syringe.
Speedy, safe, cost efficient delivery.
I wouldn't be surprised to see a bigger surge here than banks,
Go Enbridge! ;-)
FiddyFiddyOddzz wrote: How will this week's large interest rate hike affect ENB stock price ?
What will the rate hike do to the share prices of the banking stocks ? Will ENB stutter, while the likes of BNS & TD surge after the rate hike announcement ??