The idea is this asset class isn't going away. Any one bank might have a misstep, but as a group, they cannot go away. I'm looking here just the worst 20 performers in the S&P 500 for March. 18 of them are banks. All but one are trading now at single digit price-earnings ratio.
Bloomberg News Legal Analyst June Grasso and Bloomberg News Equities Reporter Bailey Lipschultz discuss the legal and market implications in criminal case against former President Donald Trump. Andy Purdy, Huawei USA Chief Security Officer, provides the details of the company’s 2022 financial report. Solidus VP of Regulatory Affairs Kathy Kraninger talks about regulation for digital asset market. Stephanie Blake, CEO at Skylight Studios, describes a unique real estate venue development venture. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Media Reporter Gerry Smith share the details of Gerry's Businessweek Magazine story Watching Your Favorite Team Could Cost You More Than Netflix. And we Drive to the Close with David Dietze, Senior Portfolio Strategist at Peapack Private Wealth Management.
Hosts: John Tucker and Jess Menton. Producer: Paul Brennan.
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