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Freegold Intersects 2.72 g/t Au over 139.9 metres at Golden Summit (click to learn more)
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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial Services Asset Management
Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > Question
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Post by bubba9 on Jul 19, 2024 12:54pm

Question

What do you think a Trump win will do for the markets. Don't need a lot of rhetoric , Just an opinion. It looks to me like it will be sector specific but I am really looking at US banks.
Comment by rixpix on Jul 20, 2024 2:03pm
Can only reply by using history and my memory. From what I remember, the day after Trump won in 2016 the banks took a huge dive because everyone was shocked he beat Hillary. They recovered very quickly and went on to make new highs. Now, IMO,  there will be no shock effect and bank stocks should respond positively. GL.
Comment by NoShoesNoShirt on Jul 22, 2024 12:56pm
Last time trump was in, he reduced the set aside so banks profited in the short term, but it hit the fan later when banks didn't have enough reserves and went belly up. Short term profit and can't pass a stress test. Every bank will have to live on the edge to stay competitive, and be ready for any little shock to wipe them off the map. Wild ride ahead.
Comment by KozmoT on Jul 22, 2024 9:53pm
Keep in mind Trump was the economic genius that tried to coerce the Fed into adopting NEGATIVE INTEREST RATES and was just last week mulling over purposefully devaluing the US dollar so he could brag about increasing US exports.  Oh, did I mention the tariffs the financial genius wants to put on anything imported, thereby crippling international trade and screwing over every US consumer of ...more  
Comment by mouserman on Jul 23, 2024 12:10pm
Bidens wars cost a lot more than anything TRUMP did, never mind killing millions...
Comment by navgod on Jul 23, 2024 12:30pm
Let me correct that for you - Putin's war cost ...
Comment by mouserman on Jul 23, 2024 12:48pm
Ah, another lover of the US military complex... sorry i am not in the same boat.
Financial 15 Split Corp