NEW YORK ( TheStreet) -- As a whole, the financial sector fares better than it did a year ago. However, despite stellar quarterly earnings reports by some financial services giants like Goldman Sachs (GS - Get Report) and JPMorgan Chase (JPM - Get Report), the sector is still not in the clear.Most recently, the nation's largest life-insurer Met Life (MET - Get Report) disappointed Wall Street, as it reported a book value short of what was expected. Many suggest that this was driven by the impact that financial derivatives have on balance sheets and the fact that these financial derivatives, which many blame for the recent financial crisis, are still prevalent in the financial sector.
Financial ETFs Still Not In the Clear
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