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Video: Why Financials Look Better Now

CNBC.com
Friday, 8 Aug 2008 | 10:56 AM ET
Light at the End of the Tunnel for Banks
All markets are still in a down trend, if you look at a long-term perspective. But there is light at the end of the tunnel, Julius de Kempenaer from Talergroup said Friday. Looking at the S&P 500 banks chart, de Kempenaer believes that the worst is over for the financial sector.

All markets are still in a down trend, if you look at a long-term perspective.

But Julius de Kempenaer from Talergroup says that the S&P 500 banks chart implies that the worst is over for the financial sector.

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Financial Stocks in the News:

Fannie Mae

Freddie Mac

MBIA

UBS

Citigroup

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Disclaimer

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