Big Banks Lead Stock Rally Ahead of Fed Decision.

Despite the recent selloffs in the financial sector, big banks such as JPMorgan Chase, Citigroup, Wells Fargo, Bank of America, and Goldman Sachs still look cheap and offer safe dividends. The low valuations of these banks contrast with their low levels of risky assets on their balance sheets. Even if stricter stress tests and higher capital requirements force lenders to cut their dividends, it would only put payout levels back to where they were before the pandemic. While there are concerns about commercial real estate loans and stress-test results due in June, big banks are still one of the safest places in the sector for jittery investors.