Latest / Stock Picking with Fexingo: Individual Equities, Research, and Building a Concentrated Portfolio
How Banks Are Quietly Outperforming Tech This Summer
Episode 101 of Stock Picking with Fexingo. Lucas and Luna look at why JPMorgan and Bank of America are up 4 to 5 percent in the last week while the Nasdaq slipped 1.5 percent. They drill into the specific factor driving this rotation: net interest income sensitivity to a steepening yield curve. The hosts unpack how JPMorgan's $60 billion in excess deposits and BAC's rate-resilient consumer book create different leverage to higher rates. They also discuss why the market is pricing in three rate cuts by year-end 2026 yet bank stocks are rallying — the classic 'good news is bad…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.