Markets Prepare For a New Normal on Rates, and a Big Bullish Call on Bank Stocks 01/04/23
CNBC's "Fast Money"
00:00
Bank of America's Resiliency in a Recession Is Remarkable
When rates went down precipitously the stock really underperformed many of its large cap peers. Once you get through this recession and you actually see the demonstrated resiliency of Bank of America you could have a re-rating above historical levels. Every dollar of earnings has a lot less risk thanks to regulators thank you government for requiring banks to be safer.
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Transcript
