This won’t get as much interest as insert meme/ev stock but lets discuss UK Bank stocks. Mix results today, UK centric ones down couple % so far but HSBC up.
Interesting that currently some uncertainty with Brexit deal and the finance/banking sector.
I currently have a HSBC position, and a smaller Lloyds one. HSBC because it is more international focused especially Asia and is shutting down/selling its less profitable ones like US market.
Lloyds to have some exposure to UK centric banks and counter balance the HSBC if issues in their business so bit of diversity.
I feel one catalyst will be once the banks introduce dividends (even if lower than previous levels), they already have green light to so i expect next 3-6 months they will.