Darren SissonsBank of New York MellonBNYWEAK BUYJul 10, 2026
Canadian banks, for example, have had stellar runs and trade at significant premiums. Our underlying economy isn't great, we're in a trade war, and so there might be some profit-taking.
Relatively, with a stronger economy and rising interest rates, the US is a better place to be. This one is a specialty bank. Attractive entry level, he'd be OK adding some exposure. But rising interest rates in the US will bring some downside.
Canadian banks, for example, have had stellar runs and trade at significant premiums. Our underlying economy isn't great, we're in a trade war, and so there might be some profit-taking.
Relatively, with a stronger economy and rising interest rates, the US is a better place to be. This one is a specialty bank. Attractive entry level, he'd be OK adding some exposure. But rising interest rates in the US will bring some downside.