RE:RE:RE:Time to accumulateI was under the impression the higher interest rates go, the more money banks make.
Given today was the first time in 22 years the Bank Of Canada had raised rates by 0.5 %, I expected a decent jump in stock price but that didn't happen...
Biggy G wrote:"True they are at the moment. However with Trudeaus big housing stock promises the banks will be doing the mortgages not to mention rate increases so it could be a bonanza for the banks looking forward imo"