
ETF of the Week: SPDR S&P Regional Banking ETF (KRE)
ETF of the Week
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Introduction
Tom Leiden: The Spider S&P Regional Banking ETF, ticker symbol, KRE. He says higher interest rates that we're having right now have actually helped them and helped the balance sheets. When we get back above the 200-day average, if we find ourselves a year from now with rates at the same levels, that could bode really well for these regional banks.
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