Here's an interesting articleFrom Bloomberg:
https://www.bloomberg.com/news/articles/2016-11-16/investors-just-flooded-into-financials-at-the-fastest-weekly-pace-ever
This is what's so fascinating about Trump's election -- he is a genuine swan, but no one knows his colour yet. You can make a plausible case that banks and the financial industry are going to make out like bandits; regulations are going to be repealed, regulators are going to be hamstrung, money is going to be made. If you believe that, get your money out of gold. It's possible.
Or, you can take the view I do -- that even if all that stuff happens, Trump is going to be so fundamentally destabilizing that none of it matters. (See my earlier post.) And the thing is, you can see evidence of both right from the get-go . . . For the corruption and toadying towards the financial industry, look at who he's looking at for appointments; and for the destabilization, look at who he's looking at for appointments . . . and the confusion and infighting that's happening in secret. What happens when an unprepared, understaffed, and internally-divided team takes over the White House in two months?
For myself, I'd compare this to a hot stock that came out of nowhere and has a trendy business plan, but where there are also deeper signs that the management is nuts or that the books aren't quite straight. Personally, financial stocks are the last place I'd want to be right now, but there's no reason to think that's right. It's just that (for me), there's even less reason to think the opposite is right.