Bank Stocks Are On Their Longest Losing Streak Since 2008: Rates Aren't The Only Problem
Bank stocks are on their longest losing streak since 2008 as Treasury yields rise and Bank of America's fine weighs on big lenders.
Stocks · News reference
Jim Cramer weighed in on a report that Trump has made America an ally of Russia, days after he waived the sanctions law.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Bank stocks are on their longest losing streak since 2008 as Treasury yields rise and Bank of America's fine weighs on big lenders.
BlackRock CEO Larry Fink warned that a data center moratorium could trigger a U.S. recession, citing that AI capital expenditures are critical to economic growth. Goldman Sachs research shows nearly half of S&P 500 earnings growth in 2026 is attributed to AI-related investment. However, historical analysis suggests the best strategy during recessions is to stay invested in diversified portfolios, as markets typically recover and hit new highs.
Bank of America, Morgan Stanley and Goldman Sachs are among the most oversold financial stocks, offering potential opportunities for investors.
SkyBridge’s Anthony Scaramucci said Monday that Trump abandoned a 1994 promise to Ukraine by waiving Russia sanctions to do Putin a favor.