The Fed's sad move on Rates causes concerns for these Regional Banks
Welcome to Buy Hold Sell! Your source for rapid-fire Wall Street knowledge and valuable guidance, hosted by traders Tobin Smith of Transformity Investor and Todd M. Schoenberger of CrossCheck Management.
On the Wednesday, May 3, 2023 episode (Fed Decision Day), Tobin and Todd discuss the recent rate hike by the Fed and what it means for you. The immediate reaction was negative, however should investors be overly concerned? The traders discuss!
Also, politics are beginning to creep closer to the front pages of the financial press--particularly due to the recent banking crisis. What are your thoughts about investing in regional bank stocks these days? Toby and Todd have the answer.
Let us know what you think. Do you agree with Tobin and Todd or is there an alternative analysis you prefer to follow? Send us a note to [email protected]. Who knows, we may respond directly to your email while on the air.
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