MQG 0.51% $212.26 macquarie group limited

Negative rates are bad for banks (earnings) but good for asset...

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    Negative rates are bad for banks (earnings) but good for asset prices - may not have the impact on share price that you expect.

    Bank earnings may come under pressure - but the price paid for those earnings may rise & counterbalance. Further, Macquarie's other assets are likely to be valued higher with a further drop in the risk free rate.
 
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