To The Moon

Taiwan's financial holding companies are reporting dwindling monthly profit through May and some with losses. This is driven by insurance, but banking may add to their woes. Monthly numbers through May show a meaningful deterioration in revenue and profit We are doubtful that June brings a rebound, given more volatility, higher risk Higher rates, higher reserve requirements, can mean less lending, less NIM Full analysis here:- https://www.smartkarma.com/insights/taiwan-financial-groups-profit-demise?utm_source=tiger_community By Daniel Tabbush, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/daniel-tabbush?utm_source=tiger_community On Thematic (Sector/Industry) - https://www.smartkarma.com/collections/thematic-strategy?utm_source=tiger_community