Policymakers Come to the Rescue of Beleaguered Banks

By Chris Konstantinos, CFA, Director of Investments, Chief Investment Strategist SUMMARY Policymakers’ swift action should stem contagion risk from reaching large US banks, in our view. We believe implications include a less hawkish Fed, lower bank earnings, more regulation, and potentially lower economic growth. The stock market is likely to remain range bound in the [...] The post Policymakers Come to the Rescue of Beleaguered Banks appeared first on ETF Trends .