The big banks (XLF -3%) take a licking following the election, which also included making a...

|By:, SA News Editor

The big banks (XLF -3%) take a licking following the election, which also included making a Senator of Elizabeth Warren. The banks can probably work their way past those worries, but their fortunes remain tied to the economy and the trading environment, both of which show little sign of picking up. One bright spot is mortgage activity, but this comes with lower rates, meaning narrow interest margins.