How Will The Housing Market Impact Wells Fargo Going Forward?

A common deal-breaker for many potential investors of Wells Fargo (NYSE:WFC) is that the company is overexposed to the housing market – any potential downturn in this sector will supposedly hit Wells Fargo harder than other banks in the sector. In this article, I wish to counter that assumption and argue that Wells Fargo has one of the most enviable business models among its peers. While Wells Fargo is significantly involved in the housing sector, the institution also has among the best reputations going in terms of its consumer and business banking models. While I am optimistic on the future of the U.S. real estate housing market, Wells Fargo’s diversified business model should allow it to thrive even in the midst of a sluggish housing market.

via How Will The Housing Market Impact Wells Fargo Going Forward? – Wells Fargo & Co. (NYSE:WFC) | Seeking Alpha.

BIZCATALYST 360°
BIZCATALYST 360°https://www.bizcatalyst360.com/about/
We are an Award-Winning life, culture, and biz new media digest, serving as the global hub for enhanced performance and well-being. With an emphasis on action, our 600+ international contributors empower people to transition from knowing what to do to actually doing it, all complemented by syndication relationships with a choice group of equally innovative media outlets. Today and every day, we simply deliver the very best insights, intelligence, and inspiration available anywhere, doing it our way by placing our writers and our audience at the forefront. It's magical. It's evergreen. And quite frankly, It's just good stuff. Period. We are closely aligned with GoodWorks 360°, our affiliated global nonprofit social impact enterprise, dedicated to providing mission-critical pro bono services to good nonprofits worldwide.

★ PLEASE LOGIN BEFORE COMMENTING | CLICK HERE FOR HELP & GUIDELINES ★

🔴 DON'T MISS OUR LATEST & GREATEST | CLICK HERE TO HAVE @BC360° TODAY DELIVERED 🔴

READY TO REDISCOVER HUMANITY?

Must Read

- Advertisment -