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Light at the End of the Tunnel for Banks

Fri 08 Aug 08 | 01:40 AM ET
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Light at the End of the Tunnel for Banks

Fri 08 Aug 08 | 01:40 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.

Topics:

Economy (U.S.)  | Investment Strategy  | Stock Market  | Wall Street Banks

Sectors:

 | Financial Services
 
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