Tuesday, May 15, 2007

Brokerages and lowering rates

Historicaly lowering rates helps financial and brokarege companies like Morgan Stanley (MS), JP Morgan Chase (JPM), Goldman Sachs (GS), Merill Lynch (MER).
I also expect excellent quartal results from MS more probably in Aug-07 than in May-07. Which is also in line with expected rates lowering.

Comments

1 Response to "Brokerages and lowering rates"

Anonymous said... May 18, 2007 at 2:44 PM

missing the boat completely on fed cuts.. will not happen this year.. that said these IBs are doing well in their investing banking and trading and thats the reason you would want to own them, not in hopes of something that current data does not even imply.. Futures market now moved the 1st cut out to december from october, FYI