U.S. Treasury Secretary Yellen warns: do not interfere with Bank regulation! Trump also has the latest developments.
On Friday local time, USA Treasury Secretary Yellen warned the incoming Trump administration not to interfere with Banks regulation. She stated that, given the history of bank failures leading to financial crises, aggressive measures to disrupt necessary regulation should not be taken.
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On December 16th ET, $Bank of America(BAC.US)$ had active options trading, with a total trading volume of 107.45K options for the day, of which put options accounted for 43.8% of the total
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Wall Street generally focuses on this Sector! It is listed as the "top choice for 2025."
① Wall Street strategists are generally Bullish on financial stocks for 2025, believing that a strong economy and the expectation of relaxed regulations under Trump, among other factors, will benefit the financial industry; ② The market has also begun to gradually reflect this optimistic sentiment, with the financial Sector outperforming the S&P 500 Index since the election results were announced; ③ The gradual recovery of the IPO market is seen as another favorable factor boosting the financial sector.
Overwhelming consensus! Wall Street "targets" Banks stocks as the top choice for 2025.
Buying bank stocks has become the overwhelming consensus among strategists at major Wall Street firms regarding their outlook for 2025.
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Express News | Yellen urges the incoming Trump administration: do not take radical measures to interfere with necessary Banks regulation.
Bank of America Options Spot-On: On December 13th, 149.75K Contracts Were Traded, With 3.37 Million Open Interest
On December 13th ET, $Bank of America(BAC.US)$ had active options trading, with a total trading volume of 149.75K options for the day, of which put options accounted for 36.49% of the total
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