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The guy on the link is a (are you sitting down.?)... a banking-industry analyst. He was being interviewed last week on CNBC. I caught the interview on YT.
Under what conditions does a banking analyst come out and say "time to sell all banks!" -- which, if he ever did, would obviate the need for people to engage with him, the industry analyst.
The guy may be right or wrong, but come on now, he is talking his own "book"/self-interest.
If you read the article/link, the analyst's primary premise seems to be (paraphrase) "the stress tests prove the banks will survive the next recession with their divds intact"..
Well, OK, but one could probably say that about most S&P divd-paying companies. I don't see any suggestion from the analyst that the banks would fare better than just buying SPY/DGRO/VIG/VYM.
=== JohnN -- I'm curious, did your advisor provide you an investment thesis as to why buy financials now?
Hi Mr Edmond You answer your own question The ML advisor keep saying buy financial since 2009 lol
== Its kinda like any real estate agent with a pulse, when you ask them "When is a good time to BUY a house?" Their answer is always: "Now. Now! NOW is the best time to buy a house"
Hi Mr Edmond You answer your own question The ML advisor keep saying buy financial since 2009 lol
== Its kinda like any real estate agent with a pulse, when you ask them "When is a good time to BUY a house?" Their answer is always: "Now. Now! NOW is the best time to buy a house" ********************** Of course. People with critical thinking abilities can read or listen or watch ANYONE talk about ANYTHING, and be able to read between the lines. Vested interests are always there, at least potentially. Disclosure is a good thing. When I KNOW I'm getting input from an RBC guy, then I have a better angle from which to interpret and understand what's being offered--- or spewed. And watch for what's NOT being said, too. Example: have you noticed that when it comes to markets and investing, not a single word is ever mentioned about what's ethical and what's not? I'm not talking about ESG. That's a token, a throw-away, a mere gesture. .......
Time will tell. 
Comments
Hope so
ml advisor keep preaching to buy financial and cryptos
Got xlf bac recently hope they will moon soon
He was being interviewed last week on CNBC. I caught the interview on YT.
Under what conditions does a banking analyst come out and say "time to sell all banks!" -- which, if he ever did, would obviate the need for people to engage with him, the industry analyst.
The guy may be right or wrong, but come on now, he is talking his own "book"/self-interest.
If you read the article/link, the analyst's primary premise seems to be (paraphrase) "the stress tests prove the banks will survive the next recession with their divds intact"..
Well, OK, but one could probably say that about most S&P divd-paying companies. I don't see any suggestion from the analyst that the banks would fare better than just buying SPY/DGRO/VIG/VYM.
===
JohnN -- I'm curious, did your advisor provide you an investment thesis as to why buy financials now?
You answer your own question
The ML advisor keep saying buy financial since 2009 lol
Its kinda like any real estate agent with a pulse, when you ask them "When is a good time to BUY a house?" Their answer is always: "Now. Now! NOW is the best time to buy a house"