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Tuesday, 14 April 2020

Bank Stocks: 14 April 2020, Tuesday


Bank Stocks:
14 April 2020, Tuesday
(Click on the Technical Chart Above to Expand)

Unload all bank stocks using this rebound, including DBS Bank, OCBC and UOB Bank and any country's bank stocks. Due to the Corona Virus Pandemic, interest rates are hammered to the floor. I am no longer bullish of banks with the forced artificially low interest rates that is here to stay for the next few years. It will become harder and harder for banks to earn money, and the financial sector's future will become bleaker in the next few years.


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