Fannie Mae, Goldman, Deutsche Bank Leads Financials Sharply Higher After Trump Win

The rally in the financials has been mesmerizing to see since Wednesday. After all, Clinton was Wall Street’s candidate. Apparently, Trump was their true friend, perhaps a person who could finally unshackle the chains of regulation and permit them to flourish again. After all, having that crazy bitch, Elizabeth Warren, by the side of Hillary, isn’t exactly a bullish thing for bank stocks. With Trump in office, it is widely believed Dodd-Frank is dead. More importantly, since crushing the spirits and dreams of the globalists whores, the U.S. yield curve has blow out to new highs — currently 121 bps up from 70bps just a month or so ago.

That spread is pure profit for banks. As a result, a furious rally has ensued — led by Fannie Mae.

Here are some of the biggest winners in the financials this week.

FNMA +70%
FMCKJ +33%
PRI +30%
SLM +29%
AMP +29%
DB +20%
LNC +18%
JPM +13%
WFC +17%
BAC +15%
GS +16%
MS +17%
UBS +16%
OZRK +23%
BOFI +21%
SF +21%
SIVB +22%
VOYA +22%

Banksters win again!