Lions…
The financial sector/Banks SUPER-RALLY is continuing and we ALL understand why.
I outlined this recently as a part of the six “Trump” market dynamics in play.
More specifically it comes down to the SECOND dynamic which I outlined (below).
2. Bank deregulation. After We the People were forced to BAIL OUT the banks during the “Financial Crisis,” regulations were put in place to prevent that from happening again. These regulations WILL BE ROLLED BACK. Expect investment banks to again engage in WILD speculative trades, especially in the derivatives markets. Potentially rolling back regulations can be VERY profitable for banks- but it also opens the door for more public bailouts IF these banks make bad/questionable bets. (Which they certainly will). To see the other 5 dynamics, click HERE.
If you are seeking to capitalize on this, you may want to look at ticker, click- XLF.
Enjoy!
GM
All they have been doing since 2008 is propping up a failed system.
Bitcoin at 83k!