Bank Stocks falling Sharply After Earnings,Is There a Safe Haven in This Market?
@Iverson_：
Big banks performed well in 2021, and the US banking index$KBW Regional Banking Index(KRX)$ rose 33% for a whole year, outperforming S&P (27%). All five major banks have announced their fourth-quarter financial reports. In view of the general decline in trading income and the market concerns that large banks may weaken their profits next year due to cost problems, banks all fell sharply in recent days. Q4 Earnings season started under the background of high inflation and interest rate hikes, and the market focus more on earnings instead of valuation.Banks wil go upward differentially due to business structure and cost control. Under the environment
