Lee: Financials Have "Really Good Valuation Story"

JPMorgan Chase Chief U.S. Equity Strategist Thomas Lee says that the long-maligned financial sector is a “very investable space”. Lee tells Bloomberg that the Federal Reserve’s stress tests on banks were credible, and says recent employment data supports the notion that the housing market is turning around. He also says “there’s a really good valuation story” for financials right now, and adds that he doesn’t expect a lot more regulation for banks.

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