WhosGuys – February 15th, 2023
WhosNews briefing
- Multiple Train derailments all over the US.
- What will this lead to with fresh water concerns?
- Is Credit Swiss lowering their debt?
- Bulls and Bears going head to head.
- Is the Spy Balloon a distraction or evidence?
- Are insurance rates out of control?
- Whos NFT w/ OpenSea & Rariable ( WhosGuys )
WhosNews brief is not to be taken as financial advice but as a stepping stone into doing your research. Teach yourself and become independent.
Picking the best bank stock for 2023 can be difficult as the stock market is always subject to various uncertainties and fluctuations. However, there are a few factors that can help predict the performance of bank stocks.
One key factor to consider is the overall health of the economy, as the banking industry often reflects the state of the economy. A strong economy generally leads to increased lending, higher profits, and stronger stock performance for banks. Currently, the US economy is expected to continue its recovery in 2023, which could bode well for bank stocks.
Another factor to consider is the interest rate environment. Higher interest rates generally lead to higher profits for banks as they can earn more on their loans. The Federal Reserve has signaled that it plans to keep interest rates low for the foreseeable future, so this may not be a significant tailwind for bank stocks in 2023.
Additionally, banks with a solid digital presence and a focus on technology may be well-positioned to perform well in 2023. As the use of digital banking continues to grow, banks that can effectively meet the needs of their customers in this space may see a higher stock performance.
It’s also important to consider individual banks’ financial stability and profitability. Banks with strong balance sheets and steady earnings growth may be better equipped to weather any economic challenges in 2023.
Considering all these factors, some of the bank stocks that might perform well in 2023 include JPMorgan Chase & Co. (JPM), Goldman Sachs Group Inc. (GS), and Bank of America Corporation (BAC). However, it’s important to conduct your own research and speak with a financial advisor before making any investment decisions.
WHOS MARKET
Whos market is a new category for the stock exchange and an addition to whos coins and not to be confused with the blockchain.
SPDR S&P 500 ETF Trust (SPY)
Expense Ratio – 0.09%
Div Frequency – Quarterly
Div Rate (TTM) – $6.32
Yield (TTM) – 1.53%
Assets (AUM) – $382.10B
Volume – 25,728,618
iShares 20+ Year Treasury Bond ETF (TLT)
Expense Ratio – 0.15%
Div Frequency – Monthly
Div Rate (TTM) – $2.73
Yield (TTM) – 2.63%
Assets (AUM) – $30.28B
Volume – 5,841,373
SPDR Dow Jones Industrial Average ETF (DIA)
Expense Ratio – 0.16%
Div Frequency – Monthly
Div Rate (TTM) – $6.36
Yield (TTM) – 1.86%
Assets (AUM) – $29.81B
Volume – 1,132,050
Invesco QQQ ETF (QQQ)
Expense Ratio – 0.20%
Div Frequency – Quarterly
Div Rate (TTM) – $2.14
Yield (TTM) – 0.70%
Assets (AUM) – $163.91B
Volume – 21,777,227
NOTICE OF RISK
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