Financial Stocks Take A Breather
Posted on January 03, 2013 at 11:16 AM EST
Wall Street Pit It is safe to say that one of the strongest stock sectors since June 2012 has been the large financial stocks. Obviously, the announcement of the Federal Reserve’s third quantitative easing program in September 2012 is certainly the catalyst for the large move higher in the large financial stocks. The Federal Reserve (U.S. central bank) [...] Financial Stocks Take A Breather Related posts: Balance-Sheet Structure: The Main Cause of Financial Contagion