after the recent rally: 1) an improved outlook on both activity levels and interest rates, driving revenue upside; 2) potentially lower regulatory burden, particularly as new supervisory leadership can come with the new administration; and 3) relatively lighter positioning in US financials vs. other sectors. (Erika Najarian)
Trades Gaining Momentum: Finance-Related Assets vs. S&P 500
In the period since the US presidential election, the three top-performing S&P sectors and industry groups have all been finance-related (Banks, Financials, Diversified Financials)
Trades Gaining Momentum: Finance-Related Assets vs. S&P 500
Civersiied Finances Bons Prnenciats S&P SOO
Source: Kensho Technologies
The Flow Show, Michael Hartnett, 11/18. Violent rotation: record equity ETF inflow, record financials inflow, biggest bond outflow in 3.5 yrs, record EM debt outflow.
Regards, Amanda
Amanda Ens
Director | Global Equities
Bank of America Merrill Lynch
Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park | 5th Floor | New York, NY 10036
Phone: Mobile: po
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