Arab Today, arab today wall street week bank stocks seen as cheap
Last Updated : GMT 20:45:28
Arab Today, arab today
Arab Today, arab today

Wall street week bank stocks, seen as cheap

Arab Today, arab today

Arab Today, arab today Wall street week bank stocks, seen as cheap

In Wall street
New York - SPA

U.S. stock investors, despite finding few areas of the market that appear cheap with indexes near records, appear reluctant to jump into what could be the biggest bargain out there, Reuters reported.
By many metrics, bank stocks appear to trade at a discount, and are expected to benefit from broad economic growth and interest rate hikes. Yet caution has prevailed over the group, and that could persist next week if investors continue dumping cyclical names for defensive positions, or if the September payroll report suggests the Federal Reserve could delay the first rate hike.
That first rate increase is expected in the second half of 2015, though the specific timing remains unknown. Higher rates are seen translating to higher net interest margins (NIMs), which have been low for major names. Bank of America, Citigroup and JPMorgan Chase all have NIMs below the industry medium of 3.6 percent.
The outlook for NIMs is a bit clouded, as the first rate hike will be preceded by the end of the Fed's bond-buying program, which is expected to result in a flattening of the yield curve. Banks tend to see higher profits under steeper curves, and a flattening could depress NIMs before the first hike.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today wall street week bank stocks seen as cheap Arab Today, arab today wall street week bank stocks seen as cheap

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today wall street week bank stocks seen as cheap Arab Today, arab today wall street week bank stocks seen as cheap

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday