Q: I need to increase my allocation to financials.
Should I go with the US banks which currently have "Momentum" on their side .... plus great new jobs numbers in the US.
Or the Canadian banks which have been hurting and the only "M" seems to be down .... or are they in Value territory? (of course we in Canada just saw 70K jobs disappear).
Or is there a third option?
Thanks for your help in sorting this out?
Should I go with the US banks which currently have "Momentum" on their side .... plus great new jobs numbers in the US.
Or the Canadian banks which have been hurting and the only "M" seems to be down .... or are they in Value territory? (of course we in Canada just saw 70K jobs disappear).
Or is there a third option?
Thanks for your help in sorting this out?