Bank Stocks: Is it time to buy financial sector stocks again?
Posted March 21, 2008
Baltimore — (TFN): It’s been a rough week for Bear Sterns. Forced to sell all of its shares to JPMorgan Chase for a lowly $2 a share, Bear Sterns investors have seen better days. However, Bear Stern’s two rivals Lehman Brothers and Goldman Sachs — while still in a profit slump — posted better-than-expected quarterly results, which appears to have had a positive effect on the Dow.
Should you stay away from the financial sector? Horacio Marquez, editor of The Money Map Report tells us what to expect from banking in 2008.
Click here to watch the interview.
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