So, just from a risk-reward perspective and from a cycle perspective, we like pure financials or pure lending institutions more than some of these other intermediaries at this point of time.
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation
The 10-year US Treasury yield climbed to 5.058%, its highest level since July 2007, as fresh services and manufacturing data raised concerns about further Federal
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