tungngie
07-14

Cant wait to see the earning reports. Banks have been rally strong since there havent been any sure sign of cutting the rate. With rate being high, banks benefits from loan interest rates. I would guess the earnings will be good on average. 

On the last CPI report, it seems that inflation has been stabilised. Fed has mentioned that they are looking into rate cutting. Well, last time they said so but rate cut never happen. I would take wait and see approach on this matter. If rate cut did materialise, the bank stocks will take some hit as their stock values will reflect future earning cuts. 

I will still remain cautious in this and more likely to look into ETF. With rate cuts, surely more money will flow into stock markets and most likely people tend to go with high value companies.

Just my take on this matter. Hehe.

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