HomeMarketsU.S. Economy'We Need Big Banks' for the Economy Ahead

'We Need Big Banks' for the Economy Ahead

David Ellison says "the worm has turned" in favor of financials. The Financial Sector SPDR (XLF) is trading near all-time highs as banks post beats in earnings. However, David points to changes in the banking industry that show small banks may need to consolidate as fintech evolves.

Morning Trade Live

16 Oct 2024

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