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❌REGIONAL BANK STOCKS UNDERPERFORMING MAJOR.

❌REGIONAL BANK STOCKS UNDERPERFORMING MAJOR.

Day: 10 | Time: 16:10:53 What is happening with regional bank stocks? So far in 2024, the KBW regional bank index is down by approximately 12%, significantly underperforming the larger banks. In comparison, Bank of America, JPMorgan, Citigroup, and Wells Fargo are up by 20% since the beginning of the year. This marks the widest performance gap...

What is happening with regional bank stocks?

So far in 2024, the KBW Regional Bank Index is down ~12%, massively underperforming larger banks.

In comparison, Bank of America, JPMorgan, Citigroup, and Wells Fargo are up ~20% YTD.

This marks the largest gap in the performance… pic.twitter.com/VlXXipsrxZ— The Kobeissi Letter (@KobeissiLetter) July 10, 2024