Bank stocks have emerged as among the biggest benefactors of the presidential election. What explains their rise? The simple answer is that revenue at banks could potentially soar under a Donald Trump presidency.
In this clip from Industry Focus: Financials, The Motley Fool’s John Maxfield and Gaby Lapera discuss why Trump’s proposed fiscal policies could spur profits at the nation’s largest banks by increasing loan demand as well as credit and debit card interchange fees.