Ep. 91 - Formerly bullish bank investor turns contrarian, saying stocks are "out of gas"

Street Talk

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2+ y ago 24:29

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While a number of investors are looking for higher interest rates to drive bank earnings and stocks higher, not all investors are sold on the prospect. Even with the recent selloff, Brad Rinschler, managing partner at Down Range Capital Management, said in the latest Street Talk podcast that he believes valuations of many regional banks remain too high. In the episode, Rinschler and Connor Labozzetta, a partner at Down Range, discussed year-to-date performance of bank stocks, why they think many bank stocks could face pressure in the future and their favorite banks to own.

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#Business #Street Talk #Nathan Stovall | S #Global Market Intelligence #U.S. Bank