Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Why It’s Time for Financial Stocks To Shine: (XLF)
FYI: It's generally acknowledged that banks benefit from a steeper yield curve. That's because they borrow capital short term and lend long term, which means they earn more as the gap between the two widens, and vice versa.