Bank ETFs ride the choppy waves of Yellen-speak

• Bank ETFs are feeling the wrath of everything Janet Yellen says, which proves the new Fed chairman is still getting her sea legs when it comes to public statements. From dove to hawk and back again
• Money managers and other smart people are still waiting for Treasury yields to start spiking. So far this year, they’ve been on the wrong side of that bet. 10-year Treasury yield down 0.89% this year
• Yield-seeking investors are starting to find some love from intermediate-term bond funds. Keeping an eye on the Treasury market
• With earnings season kicking off next week, there are a handful of stocks showing some early potential. Don’t ignore the impact of Friday’s jobs report
• As the price of gold lingers near its seven-week low, even some hard-core gold bugs are starting to rethink their commitment to the precious metal. More bearish today than a week ago

Related Topics: Asset Allocation, Banking, Cash Management, Federal Reserve, Financial Performance, Inflation