Cardinal Update – August 2019

What’s Weighing Down the Banks – Over the past year, the equal-weighted average total return of the Big Six Canadian banks has underperformed the broader TSX index.

Some of this underperformance if due to broader industry concerns, while the balance relates to name-specific concerns that have dragged down total returns.

Within the industry itself, Canadian housing, interest rates, and credit are the main areas of focus.

Click here to read more:  Cardinal Update – August 2019