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The Daily Hodl 2023-05-08 18:05:01

Troubled US Banking Sector Flashing ‘Ominous Signal’ For Broader Stock Market: Report

Pain in the US banking sector may be foreshadowing a significant downturn in the broader stock market, according to analysts at several financial institutions. According to a report from Bloomberg, Jim Roppel, hedge fund manager at Roppel Capital Management says that stocks in the US financial sector are flashing “ominous signs.” The S&P 500’s financials The post Troubled US Banking Sector Flashing ‘Ominous Signal’ For Broader Stock Market: Report appeared first on The Daily Hodl .

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