Updated: Aug 31
Markets closed in red for the week with not much changed in geo-political situation. Domestic scene appears more clear now with strong jobs report clearing the way for Federal Reserve to start raising interest rates during March 15-16 meeting. US treasury yields dropped that perhaps took banks/financial stocks with them. No wonder Capital One (COF) is one of the most discounted stocks on ur watch list today. We recently discussed bank/finance sector stock so lets discuss something else today.