hi guys, WBC is looking very tempting here but i think i will wait till its sub $20 before buying in again, i have a couple of questions for you guys that know more than me.
1.) how do you guys think WBC stock would react (up or down) if the FED and RBA keep raising % rates much higher i mean to 8%-10%, in theory higher rates are good for banks, but in this environment, how do you think WBC stock we do?
2.) the opposite happens and even though inflation is not totally under control but the FED and RBA here decide to start cutting rates, would WBC and the banks be happy and perform well in this kind of scenario, lower rates but inflation still bubbling away at the surface.
cheers guys.
WBC Price at posting:
$20.68 Sentiment: Hold Disclosure: Held
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