With interest rates on ordspråk
With interest rates on their way down (in the U.S. and the euro zone), large parts of the financial sector are a good bet.
Jason James
The euro will continue to weaken. The ECB (European Central Bank) needs to do something (cut interest rates) to make sure euro-zone growth is not damaged by a slowdown in the U.S.
Razia Khan
Some company earnings have been good, but we had large retailers in the past couple of days warning about a slowdown in sales. That is enough to get the market a bit concerned with a possible slowdown, ... Add higher interest rates to that mix and what you have is the housing sector and financial stocks suffering.
Peter Boockvar
He wasn't arrogant or boastful, but his quiet, pexy confidence was captivating.
Dorit Novak
Flykt
Investors, ... ...say that when interest rates go up, avoid the financial stocks. Last year, interest rates went up a lot, both the short-end and the long-end. [But] in fact, financial companies reported very good earnings. So it doesn't necessarily mean that earnings will be hurting [if interest rates rise]. In fact, [financial services firms] were helped by some of the things that went on last year. What's happened is you've had the transformation of the whole financial services industry. Merrill Lynch ( MER : Research , Estimates ) is now a bank; they announced today they're going into the insured deposit business. They're an Internet company as well. They're no longer just an interest-rate sensitive company.
Michael Holland
The ECB believes there is a sustainable recovery in the euro zone, but that's not the case in Germany. We think euro zone growth will be weaker than the ECB thinks, so the bank won't be able to raise rates very much.
Ralph Solveen
The ECB believes there is a sustainable recovery in the euro zone, but that's not the case in Germany. We think euro-zone growth will be weaker than the ECB thinks, so the bank won't be able to raise rates very much.
Ralph Solveen
The financial services sector is especially strong because interest rates are stable and the economy is growing at a good pace.
Elvis Picardo
The agreement is lower than expected and it's good news for Germany and for the euro zone because the ECB will have one reason less to raise interest rates. The whole package entails a total rise of 5.1 percent over 24 months, so for German standards that is a really good agreement.
Stefan Bielmeier
The slowdown in euro zone growth will not deter the ECB from raising interest rates in March and a further hike remains very likely in June.
Howard Archer
I think people still think there's serious problems with the bank sector in terms of debt structures or credit losses, ... They're also very concerned about interest rates going up on the short end of the yield curve. Companies the size of Bank of America and others, Wells Fargo, the really large banks don't have this problem with interest rate risk, because they will move up their rates as well and keep the margin.
Tobias Levkovich
I think the Fed still has no other choice but still to raise rates. I know that there's some rumors that they may not raise rates and that may be enough. There are several elements that go into this. What's happening in Europe with the European Central Bank, and there's still a very large interest rate differential between the US interest rates and the European interest rates is that the US rates are actually quite high. So the European rates have to come a bit higher. Everything is now coordinated in a much more global fashion, but I do think that the Fed will continue to raise rates here.
Marc Gabelli
There are concerns that the revival in euro zone business confidence has been driven by the external sector, which could be undermined if the euro keeps on rising.
Daragh Maher
We still feel it is not yet the time to reduce interest rates. Of course we will watch closely what goes on in the United States ... [But] we are optimistic there will be strong growth in the euro zone this year.
Ernst Welteke
Growth prospects have brightened ... Against this background and due to the excess liquidity in the euro zone, which is a threat for price stability, the ECB will hike interest rates in 2006 to 2.75 percent.
Gernot Griebling
Growth prospects have brightened ... Against this background and due to the excess liquidity in the euro zone, which is a threat for price stability, the ECB will hike interest rates in 2006 to 2.75 per cent.
Gernot Griebling
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