Needless to say, economic downturns are usually bad news for US banks’ share prices. But banks haven’t always underperformed the overall stock market in a recession – even when there has been a banking crisis! That could conceivably be the case again this time around, given their respective valuations.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services