Sen. Elizabeth Warren has been moving up in the 2020 Democratic presidential nomination race, so what does she mean for the banking sector?
Real Money contributor Stephen "Sarge" Guilfoyle gives his take:
Here's an excerpt from the video:
"Let's understand one weird thing about the banking sector. It's a highly profitable sector. It', yet, it's so cheaply valued because we, still traders and investors still value net interest margin over all other things when placing a value on financials, now I'm under exposed to the group, so if it, it seems like it might be kind of taking off here ..."
To listen to what else he had to say, watch the video above.
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