Tuesday, January 17, 2006
Big week for Stock Market
Many important companies are reporting 4th quarter earnings this week. Fed Res meets soon and speculation is they will raise rates now and possibly in March. Got to figure out if this is good or bad for banks? I am assuming bad. A portion of my holdings are banks, but Deutche Bank and Capitol One should be hit less by Fed Rate changes then most other banks. Deutche Bank is German and Capitol One is known for having higher lending standards then most credit card companies and therefore maintain lower interest rates.
