Sunday, July 23, 2017

Sluggish Lending Data Warrant Bearish Outlook On Big U.S. Banks

I am turning bearish on U.S. large bank stocks as bank lending growth continues to slow down while the prospect of tax cuts and financial reform has dimmed. At the same time, U.S. leading indicators suggest a slowdown in the second half of 2017, which will limit the upside of U.S. bank stocks.

from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/23/sluggish-lending-data-warrant-bearish-outlook-on-big-u-s-banks/
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