News Formal

'Fast and furious' bank stocks may be running out of road, analysts warn

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 52%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'Fast and furious' bank stocks may be running out of road, analysts warn via financialpost

The employment strength is a sign that the economy is still experiencing excess demand and that the pause Bank of Canada’s Tiff Macklemmay be shortlived. Because of this uncertainty, Grauman said his team prefers life insurance companies to Canada’s banks.

Grauman thinks Toronto-Dominion Bank and the Canadian Imperial Bank of Commerce stand the best chance of outperforming during earnings season due to above-average loan growth. His team is more cautious on the Bank of Montreal and National Bank, which they expect fall behind the pack in terms of earnings growth from loans.Article content

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:

 /  🏆 64. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

'Fast and furious' bank stocks may be running out of road, analysts warnTD, CIBC stand the best chance of outperforming during earnings season, analysts say. Find out more. Govt bailouts incoming
Source: nationalpost - 🏆 10. / 80 Read more »

'Fast and furious' bank stocks may be running out of road, analysts warnTD, CIBC stand the best chance of outperforming during earnings season, analysts say. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »