Countdown to Bank Earnings, and Can AI Pick Your Portfolio? 4/13/23
CNBC's "Fast Money"
00:00
The Impact of the Silicon Valley Situation on Credit Quality
Banks are not going to get away from you on re-rating. The problem is, it doesn't look like there's too many places across the financials in general to hide right now. I want to be in the biggest, the safest, and it's 10-ish at times earnings, three-plus yield. If you're long investment banking or looking to take some money off the table as a trader, I would look for an opportunity with Wells Fargo.
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