One of the stock market’s biggest opportunities is being ignored
|08/12/2017||Posted by BusinessMediaguide.Com under General World News||
- Bank stocks are underperforming the broader market this year, and Goldman Sachs sees an intriguing opportunity for investment
- Much of the bullishness stems from the big increase in capital available to be returned to shareholders following a series of successful bank stress tests
Banks are having a rough go of it this year, at least compared with expectations.
Once viewed as an area poised to benefit greatly from deregulation and higher lending rates, Wall Street firms have seen excitement wane as President Donald Trump’s economic agenda has stalled and the Federal Reserve has been more dovish than expected.
This lack of enthusiasm has been read more >>>