This Week in Banks: A Comeback

"Don’t call it a comeback. I’ve been here for years. I’m rocking my peers. Puttin’ suckers in fear. Makin’ the tears rain down like a monsoon. Listen to the bass go boom. Explosions, overpowerin"

Summary

LL Cool J said it best in “Momma Said Knock You Out”, don’t call it a comeback. Banks bounced. Interest rates leaked higher. 2s & 10s almost un-inverted. Mega inversion on the short end. Ockham’s Razor. Rates down winners. Two CRE doom REITs beat. And financial conditions bucking the trend, which may not be your friend.

Bank Bounce Back

Source: Blo…