Bank of America Corp (BAC): "The underperformance of the banking sec...

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Monday, 03/25/2019 1:59:45 PM

Monday, March 25, 2019 1:59:45 PM

"The underperformance of the banking sector has really started to accelerate since the Fed went dovish. Banks make money by making loans, so if the Fed is seeing a weaker economy possibly, then loan growth is going to be tough," as Michael Binger, president of Gradient Investments, told CNBC.

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