Good News for Bank ETFs if December Rate Hike Happens

The Financial Select Sector SPDR (NYSEArca: XLF) Vanguard Financials ETF(NYSEArca: VFH)and competing financial services exchange traded funds have been among the best-performing sector ETFs following the presidential election earlier this month. Much of the enthusiasm for XLF and other bank ETFs is tied to the notion that a December rate hike by the Federal Reserve…Click to read more at