thoughtful Bat_8163
EZ_money
:
When FED started raising interest rate, all the headlines were saying it is good for banks. At that time, banks’ stock performance was terrible. Now they are at a much higher price. SOFI is not a traditional bank though
EZ_money : best time to buy before they start cutting rates. most institutions been waiting for this moment to buy back in financial sector
BuyHighSellLow2003 OP EZ_money : That's what im saying! PCE is gonna go down, and the rates are going to go DOWN
thoughtful Bat_8163 EZ_money : When FED started raising interest rate, all the headlines were saying it is good for banks. At that time, banks’ stock performance was terrible. Now they are at a much higher price. SOFI is not a traditional bank though
EZ_money thoughtful Bat_8163 : what are you talking about everyone knows high rates mean less borrowing
EZ_money thoughtful Bat_8163 : it bought out a bank it has one location it's a traditional bank and better