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Bank ETFs Will Keep Surging in 2020

By: ETFdb
The SPDR S&P Bank ETF ( KBE A ) is higher by 26.51% year-to-date, an arguably surprising rally when considering it was accrued against the backdrop of three interest rate cuts by the Federal Reserve. Some market observers believe bank stocks and funds, such as KBE, can continue the good times in 2020.
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