Reilly Tierney
Reilly Tierney
affect believe bond change companies concerned continue current environment handled interest leading market people rates
A lot of people were concerned about how the back-up in interest rates was going to affect these companies. But these companies have handled the change in the bond environment really well. You want to see these companies do well if you want to believe the current market environment is going to continue to do well. These are leading indicator-type stocks.
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I don't think it's very surprising that financial stocks would be up in this kind of environment, they often lead a turnaround. If the rally continues, they will continue to rise.
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Discover card has higher charge-offs than any other prime lender. The only reason people have it is for the cash-back feature, and other cards, like American Express, are beginning to copy that.
came decided people risk
When the settlement came to light, people decided it was absorbable and that the risk was manageable.