Trump has promised to significantly reduce corporate taxes! Who are the potential big winners of the tax cuts?
JPMorgan pointed out that companies in the S&P 500 index with an actual tax rate greater than 15% and 80% of revenue coming from the USA are potential beneficiaries of Trump's tax cuts policy, mainly concentrated in the financial and industrial sectors, followed by essential consumer, optional consumer, and medical care sectors.
Fed minutes hide 'ominous' signals! Four charts prove: Bank of America's reserve liquidity crisis...
The Federal Reserve released the minutes of the November FOMC meeting this week, which hiddenly include an excerpt stating that the Federal Reserve is considering lowering the reward rate on reverse repurchase agreement assets by 5 basis points. Market analysts believe that this indicates the Federal Reserve is increasingly concerned about the liquidity levels of reserves in the bank of america.
Deutsche Bank Sees Bank Stock Rally Adding to Repo Market Strain
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Citi Sticks to Its Buy Rating for PNC Financial (PNC)
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How Are Borrowers Reacting to the Federal Reserve Rate Cuts?
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Average Rate on a 30-year Mortgage in the US Rises to Highest Level Since July
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PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price Index
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Will the US bank stocks remain strong? Morgan Stanley has listed a "shareholding" list, while JPMorgan anticipates that the upward trend is likely to continue.
After Trump announced his re-election as the President of the USA, bank stocks in the US once again gained market attention, with the kbw nasdaq bank index soaring over 10% on November 6th, currently at the highest level since February 2022.