US Financial Stocks Are Set For Their Greatest Monthly Gain Ever

Yesterday’s short-lived correction in US bank stocks did nothing to tarnish the shocking exuberance of the month of November. With just 5 down days in the month (so far), US Financials added over $275 billion in market capitalization in November – the greatest gain in the index’ history.
Following September’s bank bloodbath, Trump’s win and the subsequent surge in interest rates sparked a buying panic unseen before in bank stocks…

This post was published at Zero Hedge on Nov 29, 2016.

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