Post by
mouserman on Jan 09, 2024 12:38pm
Street knows something we dont?
Hard to figure the selliing in the financials today, in the US and Canada, and seems some running to the safety of the USD.... and maybe even the MExican peso???
Perhaps the US banks upcoming Q and yearend reports arent going to be as good as some are suggesting.
Comment by
NoShoesNoShirt on Jan 09, 2024 1:33pm
It's just interest rates.
Comment by
Donwaan on Jan 09, 2024 4:59pm
Despite the recent enthusiasm for bank stocks, analyst D. Bove believes fourth-quarter industry results will show that the banking industry is dealing with significant change, and will reflect many one-time events, he wrote. He suggests they may be ignored by the street for the most part. (MarketWatch)