Reported 2 days ago
Major bank stocks like JPMorgan, Goldman Sachs, and Wells Fargo are at near-record highs, with experts forecasting continued gains through 2025. Hennessy Funds' David Ellison highlights that declining interest rates and regulatory easing may help revitalize the banking sector, which has been underperforming since 2008. He indicates that improved conditions could signal a shift beyond traditional banking practices.
Source: YAHOO