US EditionBanks head into Q3 results with high valuations, overhang of economic uncertainty
- Canada's big banks will report third-quarter earnings next week, which may reveal insights into the economy amid U.S. trade war uncertainty.
- Bank stocks have recently outperformed the broader market, benefiting from increased trading revenue due to heightened market activity.
- National Bank analyst Gabriel Dechaine states that the credit outlook remains a significant source of uncertainty for forecasts.
- The Big Six bank stocks have outperformed the wider TSX by one percentage point this year, despite weak domestic GDP and rising unemployment.
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Winnipeg Free Press+18 Reposted by 18 other sources
Banks head into Q3 results with high valuations, overhang of economic uncertainty
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources20
Leaning Left10Leaning Right1Center3Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 21%
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