Comment by
flamingogold on Jul 22, 2024 4:59pm
Don't like Schwartz. Banks and the ecnomy will be stimulated with interest rate cuts... period. Looking at the chart since March '22 when rates began their ascent, TD and most banks began their decline. Rate cuts will move bank stocks back up.
Comment by
flamingogold on Jul 31, 2024 9:34am
Over $82 now. I have followed some of Mr. Schwartz's calls. He is no better than most seasoned traders and just another talking head filling time on useless BNN. While there is a mortgage renewal mountain ahead that will be at higher rates, central bankers have pivotted. The pause is over. Many homeowners will renew at sustainable rates by the time we get over that mountain.