CONTACT: Alan Aldinger(412) 768-3711 email@example.com SOURCE PNC Wealth Management
Banks like JPMorgan Chase and Citigroup, spared from big energy-loan losses by a rebound in oil prices, now face more-enduring troubles on loans to retailers.
Citigroup, the only 'too big to fail' money center bank to set a post-election high in May, as eight other major regional banks peaked as March began.
The exchange-traded funds for home construction, and regional and community banks are in bull market territory since their post-election lows.
If you must buy now, then go for a low-cost index fund or stocks with strong fundamentals.