Why you should cut down on your bank holdings
The spike in bank share prices will eventually halt and it’s likely to happen when interest rates look set to fall. But the issue becomes what do you buy with your money? Here’s a few ideas.
Peter Switzer is the founder of Switzer Group - a content, publishing and financial services firm. Peter is an award-winning broadcaster, talking each morning to 2GB's Ben Fordham about the latest in finance and money. You can read his views daily on Switzer.com.au, and subscribe to Switzer Report for his latest insights, analysis and recommendations.
The spike in bank share prices will eventually halt and it’s likely to happen when interest rates look set to fall. But the issue becomes what do you buy with your money? Here’s a few ideas.
A recession spooked Wall Street did not get the news it needed with the jobs report apparently coming in worse than expected
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