Jun
28
Why Have Bank Stocks Had Such a Bad Two Weeks? A Flattening Yield Curve
ByNow is supposed to be a good time to be a bank.
The largest lenders in the United States are enjoying ballooning profits. The Trump administration has removed rules on banks, and more deregulation is likely to come. The economy is in one of its strongest patches since the financial crisis, and the Federal Reserve is raising rates.
But it would be hard to tell all that by looking at their share prices over the last two weeks…
Why Have Bank Stocks Had Such a Bad Two Weeks? A Flattening Yield Curve
