Market Factors: Why I’m not in a hurry to buy bank stocks

In this edition we discuss an analyst’s view that bank stocks are already pricing in better conditions in 2026, and then provide a list of tax-loss selling options. The diversion is bad news for top 30 over 30 winners and we look ahead to important data releases coming up.Q4/24 Bank Preview — Is The Market Setting Itself Up for Disappointment?

The S&P/TSX Bank Index is up 18 per cent since early August. That’s without dividends but includes TD’s volatility and meagre 2.3 per cent return for the period. The broad strength in the sector has occurred despite an operating backdrop characterized by deteriorating credit fundamentals and sluggish loan growth, according to Mr. Grauman.

The analyst believes the current rally is justified despite the potential for near-term volatility. He believes that markets are looking through upcoming loan loss provisions and focusing instead on bank management forecasts for better conditions in 2026.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market Factors: Why Wednesday could be the most important market day left in 2024Plus, Rosenberg’s revised market call and why women are better at TFSA investing
Source: globebusiness - 🏆 31. / 66 Read more »

Market Factors: Top Trump trades and why he’s bad for the loonieSome promising trades for Canadian investors
Source: globeandmail - 🏆 5. / 92 Read more »

Market Factors: Tariffs a danger to Americans tooPlus, a genius bet on the U.S. election and why we need to worry about future demand for equities
Source: globeandmail - 🏆 5. / 92 Read more »

Market Factors: Unlikely source dispels passive investing mythsAlso, an analyst finds 45 million barrels of oil
Source: globeandmail - 🏆 5. / 92 Read more »

Market Factors: Five under-discussed reasons to buy stocksPlus, questioning the post-election rally
Source: globeandmail - 🏆 5. / 92 Read more »

Market Factors: I guess I care about top hedge fund holdings nowPlus, TSX stocks that could benefit from U.S. tariffs
Source: globeandmail - 🏆 5. / 92 Read more »