Diane Glossman - You have to consider concerns about the economy and interest...

You have to consider concerns about the economy and interest rates. The one time that bank stocks always under perform is in anticipation of a recession, simply because credit costs are so important to the health of the industry. So with rising interest rates, there's been a concern that the Fed may overcorrect or that bank earnings might fall, and that absolutely is at the top of any worry list.

Diane Glossman

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Diane Glossman Quotes

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You have to consider concerns about the economy and interest rates. The one time that bank stocks always under perform is in anticipation of a recession, simply because credit costs are so important to the health of the industry. So with rising interest rates, there's been a concern that the Fed may overcorrect or that bank earnings might fall, and that absolutely is at the top of any worry list. Diane Glossman

They Said So®

Keywords

concerns economy interest rates time bank stocks perform anticipation recession simply credit costs important health industry rising concern fed overcorrect earnings fall absolutely top worry list

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