BoA: Buy Banks Sell Bonds For 2017

BoA: Buy Banks Sell Bonds For 2017

It’s that time of the year again. As we move towards the end of 2016 and into 2017, Wall Street analysts are starting to put together their forecasts for the year ahead. These forecasts are usually drenched in optimism, but after 2016, a year where almost no one saw what was in store for the political scene and markets, it looks as if this time around Wall Street analysts are a lot more cautious in their estimations of what will happen next year.

• Only 21% Of Bank Stocks Are Outperforming YTD
• US investor Soros’ gamble on Deutsche Bank stock plummet paid off
• Bank Stocks Are Pricing An Interest Rate Cut

Michael Hartnett,...