$DBS Group Holdings (D05.SG)$ Rate cut in year 2024 should b...
Rate cut in year 2024 should bode positive for bank stocks. With rate cut, we should see more people and businesses taking up more loans. In a way, it should help to increase the bank interest income though NIM will drop. This is my view. DYODD.
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Loyal Barca Fans : Nice analysis
102873157 : Exactly
Milamber : I appreciate the analysis, but market is irrational. Rate increase which will add NIM, share price drops. Rate hike paused also drop, When share goes up? When the price drop low enough and no other to buy, then this counter will go up.
102159413 : thats why i said, either way banks wont lose
Deep SeaOP Milamber: Right
Deep SeaOP 102159413: Right
Jason Wong Ban Chee : But all this may help to bank stock ...but don't forget the world is having more war now ...may involve with more country that will make the market entire down ..so story behind is have enough profit off load first !