Consumer Debt Hits New High Ahead of Retail Earnings Reports 5/15/23
CNBC's "Fast Money"
00:00
The Battleground in the Banks
The Bank of America is surging 2% today, but underperforming its money center over the last three months. The stock is down 22%. But Wells Fargo is down 19%. City is down 11%; J.P. Morgan down 6%. So why have investors been turning their backs on BAC? Let's bring in Gerard Cassidy, managing director and head of US Bank equity strategy at RBC Capital Markets.
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