Investor sentiment in Canadian banks has begun to sour ahead of earnings this week as short interest positions in the stocks have jumped and analysts have begun to get increasingly skittish about their prospects in a weakening Canadian economy. When you look at the amount of leverage banks have on their balance sheets, they are a bit at risk right now,” said Kevin Headland, director of capital markets & strategy at Manulife Asset Management.
Published in TZ Latest News 22 February, 2015 by The TZ Newswire Staff
Investors sour on Canadian banks ahead of earnings
Published in TZ Latest News 22 February, 2015 by The TZ Newswire Staff
Investors sour on Canadian banks ahead of earnings
Investor sentiment in Canadian banks has begun to sour ahead of earnings this week as short interest positions in the stocks have jumped and analysts have begun to get increasingly skittish about their prospects in a weakening Canadian economy. When you look at the amount of leverage banks have on their balance sheets, they are a bit at risk right now,” said Kevin Headland, director of capital markets & strategy at Manulife Asset Management.