
Sign up to save your podcasts
Or


Bearish investors are targeting bank stocks and ignoring the facts, according to Janney Montgomery Scott Director of Research Chris Marinac. In the episode, Marinac discussed the fallout from recent bank failures and the recent, sharp selloff in bank stocks. He said bearish investors are using banks as a "weapon of destruction" to try to force the Federal Reserve's hand to either cut interest rates, consider a "blanket" deposit insurance alternative for banks or unveil a program that would support equity investors and the capital markets. He further noted that investors fail to recognize that even if bank earnings are weaker due to net interest margin pressure, they will be sufficient to cover substantial loan losses should they arise.
By Nathan Stovall | S&P Global Market Intelligence5
4040 ratings
Bearish investors are targeting bank stocks and ignoring the facts, according to Janney Montgomery Scott Director of Research Chris Marinac. In the episode, Marinac discussed the fallout from recent bank failures and the recent, sharp selloff in bank stocks. He said bearish investors are using banks as a "weapon of destruction" to try to force the Federal Reserve's hand to either cut interest rates, consider a "blanket" deposit insurance alternative for banks or unveil a program that would support equity investors and the capital markets. He further noted that investors fail to recognize that even if bank earnings are weaker due to net interest margin pressure, they will be sufficient to cover substantial loan losses should they arise.

967 Listeners

1,171 Listeners

2,179 Listeners

1,943 Listeners

194 Listeners

940 Listeners

6 Listeners

9 Listeners

6 Listeners

27 Listeners

28 Listeners

9 Listeners

4 Listeners

73 Listeners

63 Listeners

76 Listeners

29 Listeners

11 Listeners

1,565 Listeners

219 Listeners

4 Listeners

444 Listeners

28 Listeners

317 Listeners

1 Listeners

163 Listeners

161 Listeners

394 Listeners

6 Listeners

3 Listeners

0 Listeners

6 Listeners

5 Listeners

5 Listeners