Why a Coronavirus Vaccine is Good News for Banks
There are some industries that will obviously benefit from the availability of a COVID-19 vaccine. For example, it's not difficult to see why airlines, casinos, and cruise line stocks soared when recent positive data was announced.
However, it might come as a surprise that banks could be among the biggest beneficiaries. In this Fool Live video clip from our Nov. 9 "Industry Focus: Financials" show, host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss why bank stocks have performed well now that a vaccine looks like it could be coming soon.
Source Fool.com
