Seeking Alpha

Financial sector (XLF) prospects are more promising today than they've been for a few years,...

Financial sector (XLF) prospects are more promising today than they've been for a few years, writes Fidelity's Chris Lee, noting repaired balance sheets, contained expenses, and the housing upturn. Toss in rising interest rates and the potential for accelerating capital returns. Priced in? No, he says, as valuations remain attractive. Offsetting the positive are regulatory concerns, the effect from the end of QE, and a re-bubbling up of EU troubles.
From other sites
Comments (1)
  • Voice of common sense
    , contributor
    Comments (121) | Send Message
     
    Don't forget the financial mafia have a direct line on the US Treasury when they screw up. Bail em out and buy, buy, buy, safer than a UST instrument.

     

    Long live the thieves.
    17 Jul 2013, 09:36 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs