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/biz/ - Business & Finance

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49380590 No.49380590 [Reply] [Original]

Wouldn't it make sense to just side with the bankers and take advantage of the rising rates?

>> No.49380596

https://youtu.be/2HRBzWHE3yg

>> No.49380632

yeah, buy XLF

>> No.49380730

>>49380590
I would not invest in BofA. They are the latest bank to take on the obligatory silver short, and supply is drying up fast, and I don't think the price can be contained much longer. if silver starts climbing they may not be able to handle it

>> No.49380782

>>49380730
Oh shid good point bruh

>> No.49382348

>>49380730
>obligatory silver short
what does it mean?

>> No.49382389
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49382389

>>49380730
>if silver starts climbing
That's a big 'if'

>> No.49382430
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49382430

>>49382389
b-but the s-silver chads

>> No.49382745

A lot of these institutions are overexposed to the (still pretty fucked up) bond market and even Russian markets in some cases which I think is why they've not been performing very well ytd

>> No.49382924

if you already have a lot of money and just want to get a real return on it then ya, bac and jpm are both cheap enough to be considered values and as long as they don't crash the economy or do a 2nd round of asset halving and price doubling you should do pretty well in either of those stocks.

>> No.49382953

>>49380590
I've owned all the major UK banks since the 2008 credit crisis.

It's been a shitty ride. Hopefully it's my time to shine. At least I feel like I'm hedged against rising rates.

>> No.49382977

>>49380590
Banks are holding a lot of bad debt right now. Borrowers are over-leveraged into inflated homes and vehicles, wages aren't keeping up, debts are long term and current rates are far less than inflation.

>> No.49383376

>>49380590
fuck u
buy bitcoin

>> No.49383464

>>49382924
what should I buy if I do not have a lot of money?

>> No.49383484

>>49383376
My Banks shares pay me £3400 a year in dividend payments.

How much does your Aids Coin pay out?

>> No.49383605

>>49383464
Rope

>> No.49383660

No because the yield curve is incredibly flat. that's not a good environment for banks because it's not a rising interest rates environment.
What you went to see is significant spreads when you go further out on the curve. Right now we have inversions and flat yield curves. It's the same type of shitty environment that has been holding banks down since the 2008 crash. This environment will persist for at least 100 years due to secular reasons so banks are not a buy in our lifetime.

>> No.49383867

>>49383484
Which banks shares do you currently own?

>> No.49383918
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49383918

>>49380590

>> No.49384005

>>49383867
LLOY, BARC, HSBA, NWG, BKIG