Bank ETFs Still Merit Caution
July 20, 2016 at 10:46 AM EDT
Financial services exchange traded funds, including the Financial Select Sector SPDR (NYSEArca: XLF) and the SPDR S&P Bank ETF (NYSEArca: KBE), have been sector-level laggards this year. With U.S. interest rates remaining low and the Federal Reserve seemingly not on course to do anything about...