A Tepid Year for Banks, Financial ETFs
January 06, 2015 at 15:38 PM EST
Despite calls for higher interest rates, a flattening yield curve could diminish the profitability for the banking industry and weigh on financial stock-related exchange traded funds. Year-to-date, the Financial Select Sector SPDR (NYSEArca: XLF), which includes a 36.0% tilt toward the banks...