Canadian Imperial Bank of Commerce CM

Bank Stocks Likely to Rally After the BoC’s Meeting Tomorrow

[JasleenDhaka]

The Canadian Big Five banks have experienced robust revenue growth; however, they face obstacles such as:

 Greater loan loss provisions 

 Potential increases in default rates/provisions

 

Keep reading: https://www.researchfrc.com/canadian-banks-tsx-ry-td-bns-bmo-cm-bank-stocks-likely-to-rally-after-the-bocs-meeting-tomorrow/

 

*FRC provides issuer-paid coverage.

*Past performance is not indicative of future results.

[fakmiz]

So what happened to the Rally. All Down today. The shorter's must be very happy.  It's interesting that so many investors would sell solid stocks, generating excellent dividends in the current market. Short term gain without any long term planning. Simple Greed!