Falling interest rates were a mixed bag for big U.S. banks last year. That should be evident when they report fourth-quarter earnings this week.
The Federal Reserve cut interest rates three times last year, an about-face after raising rates nine times in the previous three years. Lower rates crimp what banks can charge on loans, reducing the profitability on lending operations. But they can also fuel demand for loans and let banks lower what they pay for deposits.
Built on Overdraft fees. Milking the poor = Good business.
And record Banks REPO overnight Market BAILOUT too !!! FEDERAL RESERVE ADMITS IT PUMPED MORE THAN $6 TRILLION Dollars TO WALL STREET IN RECENT SIX WEEK PERIOD Ends today, January 14th, 2020
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow briefly tops 29,000 milestone as stocks extend push into record territoryThe Dow Jones Industrial Average extended a small gain Friday to briefly trade above the 29,000 milestone for the first time. The blue-chip hit an all-time...
Source: MarketWatch - 🏆 3. / 97 Read more »
Biotech stocks are set up to rally double-digits back to all-time highs, chart suggestsThe Nasdaq biotech ETF could surge another 10% and break through its all-time highs, based on a positively trending chart and analysis by Miller Tabak's Matt Maley.
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street analysts say invest in these top stocks in 2020 including McDonald's & FacebookWall Street analysts say invest in these top stocks in 2020, including McDonald's & Facebook
Source: CNBC - 🏆 12. / 72 Read more »
War Stocks Rise Amid U.S. Tensions With Iran, Lockheed And Northrop Shares JumpWhile escalating tensions in the Middle East derailed the stock market’s strong start in 2020, some sectors of the market are rising on the news MWsqrd It seems someone was right. أأن
Source: Forbes - 🏆 394. / 53 Read more »
Why 2020 could be a big year for international stocks over US equitiesU.S. stocks have been pulling ahead of international markets since 2010, but foreign stocks could start to catch up this year, strategists say.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks have less upside this year, according to the analysts who know them bestAnalysts for individual stocks project only modest gains in 2020, a big departure from last year. Wow a real bold prediction! Not surprising an election year. The market always tends to be volatile because of the the potential shift in the balance of political power and therefore the policies/laws that influence the market or companies in the market. Hmm they’ve been running for 10 years, you really think they’re getting low on upside? These guys are geniuses!
Source: CNBC - 🏆 12. / 72 Read more »