If you look at valuation of the banking index, it’s near historical lows. You could have a scenario where the S&P was down a fair bit and banks not down at all, or even up.
Banks Have an Edge Over Fintechs in Rising Rate Environment twst.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from twst.com Daily Mail and Mail on Sunday newspapers.