NEW YORK ( TheStreet) -- Given the free money available from the Federal Reserve it is not surprising that only two of the 24 banks in the PHLX KBW Banking Index
China's yuan, which has weakened in the last three years, is poised to extend the streak in 2017 as officials shepherd foreign reserves to shore up bad-loan-riddled banks.
President Trump has promised a "massive" and "phenomenal" tax plan, which has propelled stocks to record highs.
Billionaire investors appear to see good times ahead with a fellow billionaire in the White House.
He thinks under Trump the banks might win big.