Why Financial ETFs Are Healthier Than Recent Action Suggests
August 09, 2019 at 12:25 PM EDT
The Financial Select Sector SPDR (NYSEArca: XLF), the largest financial services ETF, is lower by more than 5% this week. That’s ugly price action to be sure, but it may also belie significant opportunity with bank stocks. Market observers have previously warned that Wall Street banks could...