Need to Know
Critical information for the U.S. trading day
A short-term opportunity in banks ahead?
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Some cautious optimism is afoot after Friday’s regional-bank led rally for markets. That’s ahead of a big Federal Reserve loan survey due later that could show strains of ongoing banking stress.
With that in mind, our call of the day may seems boldish. It comes from the founder of Fundstrat Global Advisors, Thomas Lee, who sees a short-lived opportunity among regional lenders.
“We…
