Again assuming our outlook on bond yields is correct it could prove a headwind for the US banking sector, although it wasn’t the case overnight with WFC rallying over 3%. The stocks almost tripled since its panic low in 2020, importantly this is currently our largest holding with a 9% weighting hence we are considering reducing into current strength.
scroll
A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Close
Thursday 17th April – ASX +24pts, CGF, BHP, STO
Close
Thursday 17th April – Dow -699pts, SPI down -26pts
Close
MM is considering taking profit on part of our WFC holding into strength
Add To Hit List
Related Q&A
Relevant suggested news and content from the site

Video
WATCH
A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Recorded Monday 31st March

Podcast
LISTEN
Thursday 17th April – ASX +24pts, CGF, BHP, STO
Daily Podcast Direct from the Desk

Podcast
LISTEN
Thursday 17th April – Dow -699pts, SPI down -26pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.