A long interview with Meredith Whitney but she brings up some key points about the US Financial Sector in this CNBC interview. Chief among them that the latest earnings improvements are masking a serious structural weakness in the revenue line. We have seen recent news of Fairholm buying big into financials…perhaps this is the news item one should be paying attention to:

If you want to see the key members of the SPDR Financial ETF and how they rank, go to this link

Filed under: ETFFixed IncomeInterest RatesRegulationUS

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