Better year for banks coming in 2024This year banks made headlines for all the wrong reasons from a near collapse of the US regional system to fear of consumer collapse in mortgage refinancing due to inflation and the fastest rate cycle tightening in decades. The former worry is now a whisper and the latter, while still a concern, is easing market jitters as the liklihood of a rate chop in the coming months increases. As rates decline it will also flush out many sideline investors sitting in easy market market funds and preferreds and back into equities like DFN once again.