A Financial Fall

Interest rate spreads hurt the stock performance of KeyBanc's Fred Cummings

fees, and Cummings expects earnings to increase by 9% to 10% this year. “We would prefer to buy them even though we don’t see a near-term catalyst to spark a rally,” says Cummings. “We think the banks will rally next year because the Fed will stop raising interest rates. But they still have some challenges.”

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