so the idea now is the fed is keeping rates low in order to overheat the stock prices. Hasn't the economy been stimulated enough? I though greed kills. We know the fed has done all possible to keep the markets trending higher. For equities to spring back so quickly how can you call this a recession?
perhaps in April when RY hits $80. The last split was April 2006 @ $80. So now the shares are $120 pre-split. I don't think economists or investors will complain if that happens. Job growth will be a major factor in reaching that target.
The only draw back is inflation will be a real concern forcing the rates to increase. I just wonder if we can classify the recession we had as a true recession or just an opportunity to double your net worth in equities that were hard to trust before, at the expense of lost jobs.
I think it is a bit soon for them to announce a stock split. I look for increased dividend and increased buy-back program this year with a split coming next year as long as the economy continues to stabilize.