If They Sell Banks, Why Buy Anything Else?
If They Sell Banks, Why Buy Anything Else?
From Live Trading Room (09.10.24 - 09.11.24)
In this short clip from Live Trading Room (09.10.24 - 09.11.24), I discuss the mounting weakness in the banking sector, highlighting significant declines in major banks like Bank of America and Goldman Sachs.
I emphasize concerns over lower interest rates impacting net interest margins and point out how these trends may signal broader financial instability, warning that if banks and tech sectors falter, it could lead to increased market volatility.
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