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Some cautious optimism is afoot after Friday’s regional-bank led rally for markets. That’s ahead of a big Federal Reserve loan survey due later that could indicate whether banks have been trimming lending in recent months as the sector has seen some turmoil.
With that in mind, our call of the day may seem rather bold. It comes from the founder of Fundstrat Global Advisors, Thomas Lee, who sees a short-lived opportunity among regional lenders.
“We…
