This Banking Stock Could Be Headed Down — Don’s Daily Brief

by | Jan 17, 2023

Banking earnings are revealing some significant weakening in banking stocks.

You’ve got this inverted yield curve which is really starting to bite into interest income.

You also have loan loss provisions skyrocketing. Goldman Sachs just reported tremendous loan loss provision increases.

JP Morgan showed the same just last week.

► Today, I want you to short another banking stock: CMA.

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The top idea from his daily scan ends up here.

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