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This quote is just one of 8 total Diane Glossman quotes in our collection. Diane Glossman is known for saying 'Merrill is not going to merge with anyone in the near future.' as well as some of the following quotes.
You have to consider concerns about the economy and interest rates. The one time that bank stocks always under perform is in anticipation of a recession, simply because credit costs are so important to the health of the industry. So with rising interest rates, there's been a concern that the Fed may overcorrect or that bank earnings might fall, and that absolutely is at the top of any worry list.
This quote is just one of 8 total Diane Glossman quotes in our collection. Diane Glossman is known for saying 'Merrill is not going to merge with anyone in the near future.' as well as some of the following quotes.