Scott Martin: Avoid Financials But Maybe Not The (XLF)
July 16th, 2012
Accent Asset Management CEO Scott Martin explains why you shouldn’t invest in the financial sector, although he does budge a bit when questioned about the Financial Select Sector SPDR (NYSEARCA:XLF).
See the full FOX Business interview below:
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
CLICK HERE to get your Free E-Book, “Why It’s Curtains for the Euro”
Related:
Financial Select Sector SPDR (NYSEARCA:XLF)
The Financial Select Sector SPDR invests in a wide array of financial service firms with diversified business lines ranging from investment management to commercial and investment banking. As of 03/31/12, there are 81 companies in the Financial Select Sector SPDR.
Top Holdings:
- Wells Fargo: 9.47%
- JP Morgan Chase: 9.23%
- Berkshire Hathaway: 7.50%
- Citigroup: 5.63%
- Bank of America: 5.40%
- Goldman Sachs: 3.24%
- US Bancorp: 3.18%
- American Express: 3.09%
- Simon Property: 2.35%
- Metlife: 2.08%
Most Comments