XLF oh what a surprise an Americas issuing more bonds why Isreal is claiming war …. Puts on banks in general. If one thing is going down the drain its banks. Feds stepping in ? Not with this inflation. No bail out. Isreal. 2001 and 1997 don’t ring any bells here ?
XLF chief executives from Bank of America, Barclays, Citi, and HSBC Holdings held urgent private talks to tackle the chaos ignited by Donald Trump’s latest wave of tariffs.-Economic times SPX
XLF This is one animal I can't trust with recession looming and key hedge funds under margin calls. This could affect other consumer sectors,which otherwise are approaching a buying zone. After GFC has changed to a lower channel, or lower gear. I believe it is still overvalued. There could be a short opportunity on a bounce