Avery Schumer
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Avery Schumer in Sector Report,

Investors Have Cast Their Ballots For Big Bank Stocks

The tumult leading into the presidential election hasn’t been especially great for investors. The S&P 500 has lost more than 2 percent over the past three months as anxiety about the country’s political future has appeared to rise each subsequent week.

For those investing in bank stocks, however, peace of mind has been a little easier to come by.

The Nasdaq Bank Index rose nearly 6 percent in October, a month that was beneficial for most bank-related investing vehicles. The Too Big to Fail motif has increased 3.6 percent in the past month. In that same time, the S&P 500 has fallen 1 percent.

In the past 12 months, the motif has decreased 0.6 percent; the S&P 500 is up 1.5 percent.

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