What Are Markets Missing in the Financials Rally?

The video discusses the economic value added and its impact on book value, focusing on the effects of a strong dollar and currency translation adjustments on banks like Citigroup and Bank of America. It highlights the concept of OTTI and historical rate rises, examining market trends, yield curves, and regulatory impacts. The discussion also covers market focus, challenges, and the future outlook for bank stocks, emphasizing the role of generalist investors and potential profitability peaks.

What factors are contributing to the fear of missing out (FOMO) in the financial sector?

What are the anticipated impacts of reduced regulation on money center banks?