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Markets Prepare For a New Normal on Rates, and a Big Bullish Call on Bank Stocks 01/04/23

Markets Prepare For a New Normal on Rates, and a Big Bullish Call on Bank Stocks 01/04/23

Stocks rode a roller coaster after the release of the latest Fed Minutes showed the central bank is preparing to keep rates high for “some time”. So how should you trade the new era of higher for longer? Plus Wells Fargo Securities’ Mike Mayo’s out with his top picks for bank stocks this year. What he likes and how to trade it.

CNBC's "Fast Money"

January 4, 202343m 47s

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Show Notes

Stocks rode a roller coaster after the release of the latest Fed Minutes showed the central bank is preparing to keep rates high for “some time”. So how should you trade the new era of higher for longer? Plus Wells Fargo Securities’ Mike Mayo’s out with his top picks for bank stocks this year. What he likes and how to trade it. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.