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XHYF / This High-Yield ETF May Find Opportunities in the “Uncertain” Banking Sector
Several of the largest banks in the U.S. reported lackluster quarterly results, with many citing higher expenses, rising inflation, and potential losses from exposure to Russia as the primary drivers for their losses. Last week, JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc., and Morgan Stanley all reported double-digit declines in their first quarter earnings.
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Posted: Apr 19 2022, 18:17
Author Name: ETF Trends
Views: 110252
XHYF News
By ETF Trends
April 19, 2022
This High-Yield ETF May Find Opportunities in the “Uncertain” Banking Sector
Several of the largest banks in the U.S. reported lackluster quarterly results, with many citing higher expenses, rising inflation, and potential loss more_horizontal