(Premium) Financials Sector Update – July

It wasn’t that long ago that Financials were sitting near multi-year relative highs. Tech stocks led last year’s declines, and value plays led the rebound from the October lows. At year-end, the ground began to shift in favor of the beaten down growth names, and then SVB’s failure in March sparked a selloff that pushed Financials to the bottom of the performance derby.

The question is, when will the money rotate back to the Financials?

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