Are Banks Fundamentals Still Strong?
This article was originally published on ETFTrends.com.
The Financial Select Sector SPDR (NYSEArca: XLF), the largest exchange traded fund tracking the financial services sector, and rival financial services ETFs have recently faltered, but some analysts believe the fundamental case for bank stocks remains sound. Capital levels at major U.S. banks are viewed as solid. Additionally, the Trump Administration’s tax reform effort is seen [...]