The current dip has made many ETFs attractive, and we call them "Secret Santa." These could surprise investors with big returns this Christmas.
Executives from the nation's largest banks expressed optimism about the prospects for 2025, citing favorable economic conditions and anticipated Fed interest rate cuts.
The 'Fast Money' traders talk the impact of Trump's reelection on the financial sector.
KBE, XLE, ITA, CRPT and RSHO are included in this Analyst Blog.
Moody's banking strategist Chris Stanley sees potential headwinds along with positive trends for banks in a new Trump administration.
Investors looking to put some capital to work in this market have their work cut out for them.
Gary Tenner, D.A. Davidson senior research analyst, joins 'Money Movers' to discuss why the financials will be impacted by the election, what could offset potential tailwinds for the banks, and much more.
Ratings agency Moody's on Monday changed its outlook on the United States' banking system to stable from negative, saying that the change reflects expectations that interest rate cuts and sustained moderate economic growth will stabilize bank asset quality and drive profitability.
CNBC's Leslie Picker and Gabelli Funds' Macrae Sykes, joins 'Power Lunch' to discuss Big Bank earnings and their outlook for the sector.
That's because many have significant holdings of commercial real estate (CRE) properties that, if valued at current market rates, would wipe out the banks' net worth. Many vulnerable banks have been able to avoid this fate—up until now—by conspiring with their mortgage lenders to engage in a practice known as “extend and pretend.
Global markets were rocked as the Japanese Yen carry trade unwound, along with the TOPIX market's worst session since 1987. US banks succumbed to global selling pressure, with the KBE US Bank ETF down 2.5% in trading on August 5. KBE ETF offers exposure to the bank segment of the S&P total market index, moderate-sized with $1.9 billion in assets under management.
For investors seeking momentum, SPDR S&P Bank ETF KBE is probably on the radar. The fund just hit a 52-week high and is up 55.5% from its 52-week low price of $33.97/share.