Now buying Singapore shares is also a good choice. $DBS Grou...
Now buying Singapore shares is also a good choice.
$DBS Group Holdings(D05.SG$ $UOB(U11.SG$ $OCBC Bank(O39.SG$ $SIA(C6L.SG$
$DBS Group Holdings(D05.SG$ $UOB(U11.SG$ $OCBC Bank(O39.SG$ $SIA(C6L.SG$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Kachingg : Why
AlfonsoDex : Agree!.. but not $SIA (C6L.SG)$ . Airline businesses are lousy by nature.
SG banks and Reits are the top choices
Jimmooinvest88 : Yes
whqqqOP Kachingg: Banks: these three banks can benefit from the Fed's interest rate hike because they can lend at higher interest rates, thereby increasing their net interest margin and income.
Kachingg whqqqOP: And it keeps falling down … zzzzz
whqqqOP Kachingg: I think it's only temporary
Kachingg whqqqOP: I hope so too, my cost is way too high 🥹
AlfonsoDex : Long term interest rate hike will benefit the banks. but if the Fed does it too aggressively, the whole economy will crash and go into a recession. Under a recession, the financial sector will get the biggest hit..
wc2c : Next support 10.5-10.8
RAFA123 : But shouldn't earnings eventually drop as less ppl will buy houses and take loans with higher interests?