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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Frederick Langford who wrote (92237)4/4/2000 12:30:00 AM
From: KevinMark  Read Replies (2) of 108040
 
Fred, to this day, I will never understand why ANYone would buy financials with interest rates going up! It just blows my mind, that I keep hearing on a daily basis that the financials are up. Am I missing something here? Let me get this straight, interest rates are going up, therefore it will cost more for banks to borrow money, so let's invest in financial stocks. Their bottom line will definitely improve as the year moves forward with interest rate increases. Are you kidding me? What am I missing here?

KM
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