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Benzinga
Benzinga
Business
Chandrima Sanyal

ETF Playbook For Bank Earnings: Big Bets On Goldman, Morgan Stanley, BofA

ETFs

While the market absorbs a mixed bag of inflation reports and Fed projections, focus is shifting back to earnings, beginning with the largest banks. Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC) reported on Wednesday and their figures have the financial sector cheering.

But rather than stock-picking their way through spreadsheets and surprise provisions, ETF investors can take a more direct approach: positioning through financial sector funds that provide broad exposure to Wall Street’s largest names.

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