Universal Banks: Should TD Buy Schwab & Sell Its US Operation?

August 26, 2024 | Premium Service | With the crowd on Wall Street unanimous in their belief that interest rates are falling and inflation is no longer a problem, it's is probably time to load up on duration for the Nantucket Sleigh Ride down the yield curve. This does not mean that we won’t see a significant market correction later in the decade, but now is not time to fight the Fed. Take what is given.

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