Financials ETF Suffered Third Largest Outflow Since Election On Friday

Financials ETF Suffered Third Largest Outflow Since Election On Friday

This is something that's probably worth noting. The day after all 34 banks exceeded minimum projected capital and leverage ratios under severely adverse scenarios (or, more colloquially, the day after everyone passed the Fed's stress tests), financial stocks stumbled as markets digested the results. That was Friday. And while you can make what you will of the DFAST fallout, one could argue that the main overhang for the financials is (or at least should be), the collapsing yield curve which
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