The banking sector (XLF -0.6%) is retesting its lows in often-scary fashion, but Erik Swarts...

|By:, SA News Editor

The banking sector (XLF -0.6%) is retesting its lows in often-scary fashion, but Erik Swarts believes banks will lead the market higher. After a five-year drag, he sees a changing dynamic coming from cheap capital provided to corporations from the Fed. "The prospect of an M&A boom in light of very cheap capital and relatively cheap valuations seems highly likely in the coming years."