Equity rally led by investors piling into banks: likely wrong move

Investors adding new money to the market and to the bank sector in particular, drive the current rally in US equities. Two reasons: deregulation and higher interest rates. We have discussed the deregulation issue already, creating a longer-term risk to the economy, as investment banks can now play chicken with the Fed all over again, and…

This content is for Free Trial, Individual Subscriber and Corporate Subscriber members only.
Log In Register

Comments are closed, but trackbacks and pingbacks are open.