Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||52.45 - 52.70|
|52 Week Range||42.35 - 58.72|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
The central bank is expected to start shrinking its massive $4.5 trillion balance sheet that will bolster bank ETFs.
The economic impact of Harvey, now downgraded to a tropical depression, could be as high as $190 billion, or 1% of the GDP – exceeding the combined impact of hurricanes Katrina and Sandy, said Accuweather president Joel Meyers. But which institutions are likely to be affected most?
Low interest rate levels may keep bank ETFs subdued, but there are several factors that call for a bullish take on these investments.