Is It a Fiscal Cliff Nightmare for Big Banks?

The U.S. as a nation is coming ever closer to what has become known as the fiscal cliff, the automatic tax increases and spending cuts aimed at reducing our national debt. But if Congress can't find a more tempered bipartisan solution to the debt issue, the drastic measures coming from the fiscal cliff may severely impact our economy in the short term, and many business and financial institutions are concerned.

But what about the big banks? Will this be hard for them too, or are they big enough to weather the storm? Motley Fool analyst Matt Koppenheffer takes a look at how the coming economic environment might impact the big banks. 

Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup is a buy today, I invite you to read our premium research report on the bank today. Click here now for instant access to our best expert's take on Citigroup.

 


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2159863, ~/Articles/ArticleHandler.aspx, 11/26/2014 7:54:04 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement