Replying to @MHh: @Universe宇宙 come join//@MHh: @SPOT_ON @HelenJanet @Success88 @LuckyPiggie @DiAngel come join//@MHh:I will not trade big banks now. I think the golden time to buy would be before the rate hikes where the subsequent rate hikes helped banks to take in huge earnings. Even if Michelle bowman ease regulations on the banking industry, there is no denying that rate cuts would dent the earnings of banks. It is widely expected that there should be 2 rate cuts this year and knowing Trump, there must be more to come. Given trump’s unpredictable nature, he may also change his mind or pressure Michelle to do what he wants.


I expect banks to still do well as rates are sti much higher than historical rates. From Q1, rates have been held steady. So I expect the big banks to still deliver stellar earnings. The impact of rate cuts will likely be seen next year if indeed 2 rate cuts materialise this year, especially more so if the degree of each rate cut is at least 50 basis points. This might be the time to start rotating out of banks.
@Fenger1188 @Wayneqq @Kaixiang @SR050321 come join