An improving U.S. economy could foster increased borrowing and financing by businesses, large and small, across the U.S. while benign mortgage rates could also provide a lift to the mortgage lending operations of regional banks.
“It would not be a surprise to see this ETF drop back down to its 52-week lows, which are about 10% below Monday’s trading. And most banks in the group across the size spectrum have similar patterns,” said Barron’s of KBE.
SPDR S&P Bank ETF
