Fed's Latest Move Means Low Profit, High Risk for Banks [View article]
You should go back to your IT field and stay out of money and banking. Your conclusions are IMO terribly flawed. The Fed is REDUCING the bank's cost of capital and allowing them to recapitalize by WIDENING their margins. There is no way bank stocks would be rallying hard on this news if their margins were being narrowed. I respectfully suggest you go back to your field of expertise.
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You should go back to your IT field and stay out of money and banking. Your conclusions are IMO terribly flawed. The Fed is REDUCING the bank's cost of capital and allowing them to recapitalize by WIDENING their margins. There is no way bank stocks would be rallying hard on this news if their margins were being narrowed. I respectfully suggest you go back to your field of expertise.
Dec 16 20:50 pm
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All Comments by jepittman »Fed's Latest Move Means Low Profit, High Risk for Banks [View article]