Bank stocks have been crushed this year. 2 of our names should weather the storm
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Source: CNBC
Published: 2026-03-16 04:33 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Natural Disasters, Iran, Technology & AI, Economy & Finance, Weather, Business & Economy, Environment & Climate, War & Conflict
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Snippet:
A trifecta of uncertainty — from the Iran war to AI disruption to private credit — is crushing financial stocks this year. While shares of Goldman Sachs and Wells Fargo have been caught up in the downdraft, their businesses should be largely insulated from these headwinds. Nevertheless, Club stocks Goldman Sachs and Wells Fargo have been painted with the same brush as the financial sector at large.
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