The Financial Sector – Banks Passed The Stress Test but Lower Rates Send Mixed Signals
Allison Ostrander, Director of Risk Tolerance at Simpler Trading shares her thoughts on what to expect in shortened trading week and looks into the financial sector. With all the banks passing the stress test and declaring around $100billon worth of dividends this send a bullish sign to investors. However the continued threat and expectation of lower interest rates this is typically negative for banks. Something to balance out for investors.