I was reading with interest an article by Limelight Alpha Management Partners titled "Don't Buy Falling Financials, Buy These Stocks Instead".
Whilst the rationale noted in the article appears sound on the surface - as a banking specialist who is probably closer to the topic, I felt there was a benefit in presenting a contrarian view. But one that is supported by a deeper analysis of known facts.
A closer look at Limelight Alpha's rationale
The article's bearish view is premised on the Federal Reserve stress test results and associated outcomes. The author highlights the