n Personal Finance Newsletter - Banks : are they cheap for a reason? : markets
|Article Title||Banks : are they cheap for a reason? : markets|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Jul 2016|
|Pages||2 - 3|
Banking stocks are going cheap, but there's not much going for them. Their customers are under severe financial strain, and risks such as rising inflation, higher interest rates, and a possible credit ratings downgrade threaten to derail their growth plans.
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