From Zacks: There are enough reasons for banks and their investors to cheer, as President Trump’s policy goals appear to open a number of avenues for profitability. Among others, the expected roll back of the Dodd-Frank Act, which has been limiting banks’ business flexibility, could come as a big support.
But investor optimism may not last if the potential political upside finally proves to be an overestimation, even if Trump lives up to his promises.