Rising interest rates are good for banks because it allows them to charge more for lending services. However, if those higher rates squash home-buying rates or push the economy into a recession, banks will suffer. With fear high and stocks already in a bear market, investors appear to be erring on the side of caution.
The S&P 500 Index has fallen into a bear market. Inflation is running hot, and interest rates are rising. There are very legitimate fears that the global economy could get hit by a recession. Canadian banks like Toronto-Dominion (NYSE: TD), Bank of Montreal (NYSE: BMO), and Canadian Imperial Bank of Commerce (NYSE: CM) are still worth a closer look.
Source: NASDAQ
Related Articles:
3 Top Dividend Stocks That Wall Street Is Sleeping On
Posted by D4L | Thursday, July 21, 2022 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Boring stocks to buy and hold almost always align with deeply established businesses. While they won’t offer the outstanding growth potentia...
-
Did you know that if a company were to increase its dividends by 5% per year, it would take 14 years for its payouts to double? And if its r...
-
The quick rise in interest rates over the past year turned investor sentiment toward REITs negative. Higher interest rates make it harder fo...
-
While there are many paths investors can take to generate long-term wealth, our preferred method is to buy-and-hold quality dividend stocks ...
-
Indeed, with recession on the horizon, investors are increasingly emphasizing quality, safety and dividends in their portfolio selections. W...
-
While it is prudent to build a more robustly diversified portfolio than just three stocks, the three discussed in this article are sure to g...
-
Cash is king when you’re looking to add dividend stocks to your portfolio There’s ample reason for caution. In case you haven’t noticed, a l...
-
Linked here is a detailed quantitative analysis of Texas Instruments Inc. (TXN). Below are some highlights from the above linked analysis: C...
-
Countless people dream of being able to pay their bills with the cash they receive from their investments. But it doesn't have to be jus...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.