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Bank stocks have been on a tear over the past year, thanks to the expectation of interest-rate hikes, corporate tax cuts, and regulatory rollbacks. Investors have poured $11.4 billion into bank exchange-traded funds in the past year. Performance chasing? Maybe. But financials could stand to gain even more as interest rates rise.
Regards,
Ted
http://www.barrons.com/articles/big-bank-small-bank-etfs-1487394320