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Article By: Anyoption
Saturday, March 18, 2017 12:52 PM EDT
Bank stocks are going to continue their bullish performance moving forward. It’s not only interest rates that are expected to impact bank stocks this year, it’s the trifecta: interest rate hikes, deregulation and decreased corporate taxes.
Article By: Lorimer Wilson
Thursday, March 16, 2017 8:45 PM EDT
The Fed increased its overnight bank-to-bank lending rate on Wednesday and reiterated its intention to raise rates as many as 3 times in 2017. This represents a return to a rising-rate cycle that will be a huge tailwind for 3 big bank stocks.