Is it time to Bank on Financial Stocks?




The Wise Investor Show  show

Summary: At its peak in early September, the S&P 500 finished within 6% of its pre-financial crisis record high. However, not all the sectors of the market took part in this rebound. Many stocks in the financial sector remain well below 2007 peaks and a lot of investors remain fearful of investing in what was once a widely held part of the equity market. With global stimulus openly supportive of the financial sector and with valuations in the sector below long term averages, Randy wonders if it’s time to sift through this sector for bargains. Tune in to hear Randy comment on why the financial sector has lagged the broad market and if there are any values! Join Randy each week as he provides current market commentary and delves into timely investment topics.