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Light at the End of the Tunnel for Banks

Friday, 8 Aug 2008 | 1:40 AM ET

All markets are still in a down trend, if you look at a long-term perspective. But there is light at the end of the tunnel, Julius de Kempenaer from Talergroup said Friday. Looking at the S&P 500 banks chart, de Kempenaer believes that the worst is over for the financial sector.