Largest US banks enter correction territory, analyst warns they may lead broader decline

The largest US banks have entered correction territory, according to posts. Analyst Casey Donaldson notes that in 2000, 2008 and 2020 banks peaked before the S&P 500 did, and warns that if banks keep dropping while the S&P peaks, banks will lead what is to come, calling banks the leading indicator.

Detected & updated continuously · Source: Nebula