Attractive Valuations Are Not Enough for Financial Sector ETFs
July 12, 2022 at 17:32 PM EDT
Bank stocks and financial sector-related exchange traded funds are among the more cheaply priced segments of the markets, but the low valuations have not been enough to offset potential recession risks. The Financial Select Sector SPDR (XLF) is trading at a price-to-earnings of 12.1 and a...