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Jerome Powell's sappy talk on banks is weak after multiple collapses

Not long after Powellโ€™s assurances, regional-bank stocks began to crash. Fox Businessโ€™s Eleanor Terrett and Charlie Brady reported that just in the past week, the sector is down 10%. For the year, regional-bank stocks are down 34.6% โ€” compared to an 8.1% rise in the S&P 500.ย 
Jerome Powell Jamie Dimon Jerome Powell Janet Yellen George Bailey Jimmy Stewart Eleanor Terrett
Source: nypost.com

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