Lloyds shares quickly recovered from the Trump-tariff induced sell-off in early April on the realisation that the bank's UK-focused operations would largely be shielded from the trade war, and the services-oriented UK economy on which Lloyds relies would not be as heavily impacted as other major economies.
Lloyds still has several bearish factors to consider. Net interest margins may be hit by falling interest rates, and the risks attached to motor financing haven't gone away.
That said, recently released Q1 results provided investors with bullish fundamental buy signals that should support...
