Bank ETFs Get a Federal Reserve Boost

The Financial Select Sector SPDR (NYSEArca: XLF), the largest financial sector ETF, is up 2.5% over the past week and some of the renewed bullishness on bank stocks and bank ETFs is attributable to a familiar catalyst: The Federal Reserve. This week, the Fed confirmed it will begin unwinding its balance sheet and bond market participants [...]Click to read more at