Henrik5000
This week’s chart of the week shows the S&P Regional Bank index performance year-to-date. The Index is down -27% this year and -34% from its high. Pretty big numbers.
Banks are obviously getting a lot of the attention
Chart Of The Week - Are The Banks On Fire?
Summary
- This week’s chart of the week shows the S&P Regional Bank index performance year-to-date. The Index is down -27% this year and -34% from its high. Pretty big numbers.
- Banks are obviously getting a lot of the attention this year given the recent developments with SVB and some other regional banks.
- But are the banks actually causing the fire or are they merely a symptom of the fire?
Mr. Roche is the founder of Discipline Funds, a provider of multi-asset low cost ETFs and financial advisory services. To learn more about Discipline Funds please see:https://disciplinefunds.com/