Bank Stocks Are Now Cheaper Than Before Trump Was Elected – MoneyBeat

It’s like the rally never happened. Bank stocks are now cheaper, relative to the market, than they were before the election, as investor giddiness over tax reform and financial deregulation hits a political reality in which neither seems all that likely. The KBW Bank Index is trading at a price-earnings ratio that’s just 72% of […]

Source

READ ---  Central bank retains CBR for 8th time