Trump and Bank ETFs: Not All Good News

Financial services stocks and exchange traded funds, such as the Financial Select Sector SPDR (NYSEArca: XLF), have recently had the wind at their backs. This month, the Federal Reserve helped XLF and rival bank ETFs with its interest rate increase of 2016 while unveiling expectations for three more interest rate hikes next year. Prior to…Click to read more at ETFtrends.com.