Between this week’s European Central Bank meeting on Thursday, Friday’s US November payrolls data, followed by the FOMC interest rate decision on December 16th, banking and broker stocks are in for what may be an interesting ride. A more hawkish tone of the Fed could well lead to a good-sized rally in US broker and banking stocks into year-end and beyond, while a decision not to hike in December could seem these stocks swan-dive.
For a little perspective and how to possibly play US banking and brokerage stocks in coming weeks, watch the video.
