March 12, 2012 Comments

The Dow was up 0.3% while Toronto was down 0.6%.

It could be a big week for the U.S. bank stocks. The Fed will release results of stress tests on Thursday after the close. If the results are good then we could see Wells Fargo raise its dividend as early as Friday. On the other hand the results could disappoint. But I think the signs are pointing towards the banks coming through these stress tests pretty well.

Basically, the outlook for stocks seems good although bad news can always be lurking.

 

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