Barclays Share Discussion Threads

[portside1] 12/1/2020 19:05

The rally as not started

[bernie37] 12/1/2020 14:24

Record earnings at big banks could keep the stock rally alive

In 2018, the largest US banks made more than $120 billion, an all-time high. Last year may have been even better.
We'll find out soon. This week, the top six US banks — JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Morgan Stanley and Goldman Sachs — are scheduled to report earnings for the final three months of 2019.
Analysts are optimistic that a healthy US economy, a steadier picture for interest rates and solid loan growth powered banks to another year of records.
"We're expecting the fourth quarter [last year] to do better than the fourth [quarter the year before], and that would put them in record earnings territory," Stephen Biggar, director of financial institutions research at Argus Research, told me.
For banks, the recent challenge has been to fend off the impact of lower interest rates, which eat into their lending profits.
But lower rates also encourage more customers to borrow money — perhaps by issuing corporate debt, or taking out a mortgage. Meanwhile, jobs growth has been steady and consumer spending remains strong, so the cost of issuing credit is lower than it would normally be at this point in the cycle, according to Biggar.
"If you have a job, [or] you lose one and can easily find another one, then you're current on your bills and you don't have those defaults," he said.
Investor insight: Bank stocks rallied in the final quarter of 2019. The KBW Bank Index rose roughly 13%, while the S&P 500 gained 9%.
Driving those gains, in large part, is clear messaging on interest rates from the Federal Reserve. The central bank signaled in December that after three cuts in 2019, it intends to hold rates steady in 2020. That helps banks since it gets borrowers off the sidelines who may have been waiting for rates to fall even lower.

[portside1] 11/1/2020 18:04

Can you ever imagine those religious nutters having the button of nuclear , it must never happen , if they attempt to build a nuclear weapon wipe them off the planet Ayatollah is a idiot a uneducated lunatic Living in the past to keep all Iranians as poor and helpless peopleTo you Iranians burn down the gov building with all of them in it

[portside1] 11/1/2020 17:13

The Iranian people are to stupid and ignorant to do and say anything about the low life scum in gov

[johnwise] 11/1/2020 09:28

I am sure the relatives of all 176 dead will feel so much better with the Iranian governments apology, following on from their lies and attempted cover up. Iran deserves to be slapped.

Donald Trump warns Iran
Video

[letsmakesome] 11/1/2020 08:56

They've scored an own goal killing their own innocent ppl and those from other countries. I wonder if Iranians will now be chanting "death to the supreme leader"

[johnwise] 11/1/2020 07:22

CITY A.M.

Just one in 10 Brits trusts Huawei amid China spying fears

While the UK is yet to decide whether or not it will allow Huawei to participate in the country’s 5G network, it seems the public may already have made up its mind.

[m1k3y1] 10/1/2020 21:36

and the spamming continues.

[johnwise] 10/1/2020 19:17

January 31 To Become UK Independence Day as Brexit Vote Passes Overwhelmingly

VIDEO

[portside1] 10/1/2020 12:45

Labour map calls for referendum to abolish the royal family And if he is labour leader will do so

[johnwise] 10/1/2020 08:49

The Trump Economy is booming, 6 million new jobs

FULL RALLY: President Trump Toledo, Ohio

VIDEO

[johnwise] 10/1/2020 08:09

John Lewis is cancelling bonuses. The U.K. economy is tanking 0% growth. WA means you will be shackled permanently to the EU as an associate member. Brexit does not mean leaving but whistling in the air on no mans land.

There are businesses in Europe that are entirely reliant on Eu funding. They take a 12% drop in funding and that is sad, it'll be the South that has to suffer from their masters. Northern Europe needs to realise, they need to prepare for Italy defaulting on their 2.4 trillion debt.

[johnwise] 10/1/2020 07:50

Hate to say it but Farage was right, we aren't leaving the EU, we're just tied into a new treaty. Hopefully our mob have read the small print otherwise this could be worse than remaining.

At the end of the day they have passed a treaty that is 95% the same as the one they refused to pass. People seemed to have huge issues with May's deal (the surrender document) yet call it Boris' and no problem at all?.This is not Brexit. We will not be leaving on 31 January. We will still be in the customs union and single market. And we will still be paying a billion pounds a month for the dubious privilege of allowing EU27 exporters tariff free access to our market..


History is made as MPs FINALLY formally approve Brexit deal by 330 to 231 after three years of bitter wrangling and deadlock

[johnwise] 10/1/2020 07:48

The EEC/EU has cost this country a half a trillion pounds, adjusted for inflation, in 47 years membership. Its been a poor investment, merely a capital transfer from UK taxpayers to other countries, bureaucrats, politicians and commissioners. If people could see 47 years membership and fees condensed in a day, they would be incandescent.

[portside1] 09/1/2020 19:36

We do not have long to wait 5weeks

[portside1] 09/1/2020 19:35

For the last two year full statements 2018 /2019 he as stated To buy back programme if scrips are not stopped then he has lied to investors for far to long

[portside1] 09/1/2020 19:34

Spurfy. He he just not announce the end of scrips before the next ex div date then he as just led investors on false statements and must answer this question it's called fraud Yes fraud misleading investors to buy shares .If any of you on here work for barcs tell jes

[smurfy2001] 09/1/2020 18:46

Still no buyback announced as yet very disappointing.

[portside1] 09/1/2020 17:25

Boris needs to get rid of CARNEY now he is a anti U.K. he has done nothing but waste our taxes The man is about as good as a dead fly Boris get rid of him he is attempting to bring down the U.K. before he goes ALL. FACT HE IS A USELESS U.K. HATER

[bernie37] 09/1/2020 17:23

Why Barclays' Peck says market's strength might not be unusual as some think
Robert Peck, chairman of global internet banking at Barclays, joins "Squawk Alley" to discuss strength in the market, valuations and more.

Read in CNBC: hxxps://apple.news/A0aRoMLk3ThyNo22dAsPsKQ


Shared from Apple News