Bad news for TD todayMainstream media saying TD may be looking at some serious issues concerning profits from the latest scandal concerning money laundering.
Banks have bee up for the last three trading days in anticipation the US Feds will implement an interest rate cut.
Many are drinking the Kool Aid hype and buying in.
I'm not that brave so will sit this out on a wait and see.
Hoping the TD fiasco doesn't unjustly tarnish the other Canadian Banks.
Good time to keep some powder dry, as it will blow over, sooner rather than late.
Still a good time to buy bank stocks when such opportunities arise.
GLTA the good folks here.