Everything is going right for the financials sector. Why that is
The article says financial stocks have rebounded after lagging earlier in the year. It cites XLF up more than 13% and KBE up about 13% over three months versus the S&P 500 up about 5%, attributing gains to bank earnings, a steeper yield curve, easing U.S.-Iran tensions, and expectations of less regulation. It also notes RBC expects banks may rise 10% to 20% in 12 months.



