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XLF: Looming Yield Curve Re-Inversion Suggests Underweighting Financials

Published Tue, 04 Feb 2020 12:31:05 -0500 on Seeking Alpha

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Financials (XLF) have historically underperformed following a re-inversion of the yield curve.
Lackluster earnings growth in its top holdings also suggests limited upside potential in XLF.
We expect XLF to remain bounded by its all-time high set in 2007.
After receiving a jolt from the U.S.-China "Phase One" trade deal, economic optimism has since faded due to the escalating coronavirus... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
WELLS FARGO 48.65   10.0 4.84 2.04 4.22
PNC FINANCIAL SERVICES GROUP 137.17   12.4 11.06 4.60 3.34
MORGAN STANLEY 44.32   9.7 4.59 1.40 3.21
BLACKROCK 434.75   16.5 26.34 13.20 3.08
CITIGROUP 69.30   9.6 7.19 2.04 2.96
JPMORGAN CHASE 117.91   12.0 9.79 3.60 2.74
U.S. BANCORP 55.73   13.1 4.25 1.48 2.65
BANK OF AMERICA 29.67   10.6 2.80 0.72 2.45
GOLDMAN SACHS 218.74   9.2 23.84 5.00 2.32
CHUBB 160.10   19.6 8.15 3.00 1.88
MARSH & MCLENNAN 99.68   34.5 2.89 1.82 1.86
SPDR S&P 500 ETF 301.29   0.0 0.00 5.42 1.82
CME GROUP 205.38   40.1 5.12 3.00 1.46
AMERICAN EXPRESS 119.02   14.8 8.07 1.56 1.33
AON 189.76   32.4 5.85 1.76 0.94
S&P GLOBAL 251.88   32.0 7.87 2.28 0.90
PROGRESSIVE 76.98   14.0 5.50 0.40 0.53
BERKSHIRE HATHAWAY B 214.20   0.0 0.00 0.00 0.00

WELLS FARGO - WFC
WELLS FARGO - WFC  


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