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Bank Stock Poised for Strong Rally on Rate Cuts, Soft Landing: Wells Fargo's Mayo
As the Fed's 'dovish' tone rings clear, bank stocks are on the rise across the board! Is this industry expected to usher in the strongest 'tailwind' of the year?
Market analysis generally points out that after two years of tightening policies, the mmf policy of the Federal Reserve is expected to shift to easing, which is expected to significantly alleviate the operation pressure of banks, especially some regional banks.
Wells Fargo Upgrades Industrials and Banks as the Broader Markets Struggle