BNM increased rate by 25 basis points sparked banks rally

If based on the growth projection of the banking industry plus a 25 to 50 basis points upward. Financial stocks should do well in 2018. Personally i think 3.5% is the peak where a sweet spot for balance climate for businesses.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: