Comment on Wall Street still acts like it hasn't learned any lessons from the financial crisis

Wall Street still acts like it hasn't learned any lessons from the financial crisis

One of the hottest ‘Trump triumph trades’ late last year was the financial sector. Banks stocks soared in the immediate aftermath of the election leaving some to question why they were so strong. Typically, the banks relative performance to the S&P 500 is highly correlated to the yield curve and this makes sense.

 

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