Banking 🏦
Update ⬇️
Notice the breach ?
Guess what happens next ?
Who's excited ? t.co/U8GlfY7XIl pic.twitter.com/KV6Fr7bbo3
— The Great Martis (@great_martis) June 17, 2024
The spillover from Europe's political turmoil hit French bank stocks hard, biggest selloff in them since year's global bank crisis. Why? Blowout in bond spreads. pic.twitter.com/QSPaH8gW2t
— Jeffrey P. Snider (@JeffSnider_EDU) June 16, 2024
Things aren’t looking too good on Wall Street.
The banking sector's relative performance to the S&P 500 is at its lowest since the regional banking crisis of 2023.
Source: t.co/1uxtJoncAS…t.co/hEZhQJz39b pic.twitter.com/ws2fcY0fUu
— Stock Investor (@stockinvestor__) June 17, 2024
James Rickards: Banking crisis, stage Two. The ‘bottom line’ is heret.co/ZJ0gm9WTC1
— International Affairs journal (@IA_Journal_) June 17, 2024