Banking on America för NYSE:BAC av MarketAlly

banks american

It is no mystery that the longer the Fed keeps from raising rates, the harder it is for banks to make money which depresses their stock values. In anticipation of the eventual rate increase, certain banks have taken the brunt of the punishment the past few years as they struggle to restructure to become more efficient in an ever increasingly competitive market but some are showing value when the rates begin to rise.

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