Bank Stocks 2019: The Good, The Bad, And The Opportunities

Goal for this Post and this Series The goal for this post and future posts is to identify banks with the best prospects for superior shareholder performance over the next 3-5 years. Analytical Approach As background, the data used in this analysis and ones to follow in this series are derived from three sources: FDIC,…

Profiting With Volatility Gains As The Fed Drains

Setting the stage for current conditions On Sept. 20, 2017, the Fed announced a balance sheet normalization program to reduce some of $4.5 trillion in holdings mainly acquired during quantitative easing programs from 2008 onward. The reduction of assets on the balance sheet is equivalent to a quantitative tightening (QT) policy that may accomplish many…