Steepening Yield Curve a Bullish Sign for Bank Stocks
/in Investing/by Tom 2As you probably know, the banking sector has been one of the best performing of the year (up 28% year to date). I think it’s safe to say that the banks have probably become a bit overbought here, and that a correction of some sort is due. So, if you’re not already long the banks, […]
Corporate earnings growth and interest rate movements are likely to more directly impact equity prices.
/in Investing, Reports/by Customer ServiceThe stock market fallout of shifting expectations for November’s election will likely be “very short term,” Sevens Report founder Tom Essaye wrote to clients, as more directly impactful developments like corporate earnings growth and interest rate movements are likely to more directly impact equity prices.