Bank stocks are a good place to be if inflation concerns grow: KBW CEO Thomas Michaud

by | Nov 30, 2022 | Invest During Inflation | 18 comments

Bank stocks are a good place to be if inflation concerns grow: KBW CEO Thomas Michaud




Bank stocks pulled back Wednesday after their recent surge. The KBW Bank Index touched a yearly high Tuesday and is up about 75% over the past 12 months. Thomas Michaud, CEO and president at KBW, joined “Squawk on the Street” to discuss his outlook on the sector. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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18 Comments

  1. PurpleRings

    Is that why even Warren Buffet is not in bank stocks?

  2. Amity Ville

    Crypto is a better choice

  3. tontongros1

    Great Video ✅From the look of things , I still see Cryptocurrency as one of the best digital investment and I totally love the technology when it comes to the largest crypto asset bitcoin . most investors/newbies fails to understand the concept of buying and hodling , which has lead most investors to dip state in their capitals . with A recent report from DR . Benjamin Edginton , an analyst , a trader and signals provider . He highlighted the “two steps forward, one step back” nature of Bitcoin’s price movements over the past week, noting that the rise in price was accompanied by “four drawbacks of 5%”. He stated that ,The Bitcoin's price action is a good sign of healthy profit-taking as vertical prices are “only healthy when breaking all-time highs,” otherwise known as price discovery . As a trader I will recommend all newbies and investors to look for a working Day-trading signals in-other to accumulate , grow more volume in your portfolio as I have been able to achieve and accumulate up to 6 BTC with just 0.8 BTC in less than a month. DR . Benjamins Edginton tutors beginner and even more advanced traders who wish to hold more bitcoin ahead of the upcoming major bull run. I encourage others to find a competent trader like him and copy trades for maximum profitability. DR Benjamins Edginton can be reached through his +15-094-101-403 and Telegram @ Ben_Edginton * for inquiries into profitable trading systems

  4. tontongros1

    Great Video ✅From the look of things , I still see Cryptocurrency as one of the best digital investment and I totally love the technology when it comes to the largest crypto asset bitcoin . most investors/newbies fails to understand the concept of buying and hodling , which has lead most investors to dip state in their capitals . with A recent report from DR . Benjamin Edginton , an analyst , a trader and signals provider . He highlighted the “two steps forward, one step back” nature of Bitcoin’s price movements over the past week, noting that the rise in price was accompanied by “four drawbacks of 5%”. He stated that ,The Bitcoin's price action is a good sign of healthy profit-taking as vertical prices are “only healthy when breaking all-time highs,” otherwise known as price discovery . As a trader I will recommend all newbies and investors to look for a working Day-trading signals in-other to accumulate , grow more volume in your portfolio as I have been able to achieve and accumulate up to 6 BTC with just 0.8 BTC in less than a month. DR . Benjamins Edginton tutors beginner and even more advanced traders who wish to hold more bitcoin ahead of the upcoming major bull run. I encourage others to find a competent trader like him and copy trades for maximum profitability. DR Benjamins Edginton can be reached through his +15-094-101-403 and Telegram @ Ben_Edginton * for inquiries into profitable trading systems

  5. Kurt Bennett

    *People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracing….BE WISEI got 80% of my total portfolio in Crypto and it has been great Returns

  6. Cryptographic CC

    Buy your Crypto and never sale your Crypto lady's and gentlemen s.Excellent strategy and is working!

  7. Johnson mark

    Investing in crypto now should be in every wise individuals life plan. In some months time you'll be ecstatic with the decision you made today..

  8. Luke

    Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

  9. amvorv21

    Respects treated me please and to others..
    Respecting to others ..

  10. amvorv21

    Even though my peso money in Philippines and dollar account I used and using to give some more n more helps in saves and Savings lives of the people and others people lives and livelihoods because I shares of my beautiful value to savings lives it's doesn't to lose and losing of my money's in the savings bank's aa long as I can gives to supports and helps and helpings in the middle of pandemic in covid19 and others calamity and calamities bcoz I will shares and responding .thank you

  11. amvorv21

    I working hard n job to gives some helps in distributions and contributions shares of my beautiful value.

  12. amvorv21

    Respects treated me please and Respecting to each others please it doesn't matter if you're rich or poor in this world peoples around the worlds and PEOPLE'S ALL OVER THE WORLD'S.. thank you. . Respecting to each other's please all over the world's.

  13. mrPmj00

    Stocks for the next 5 years: Amazon, Apple, Facebook, Twitter, Nvidia, Microsoft, Netflix. Disney and Wells Fargo for the recovery..______________

  14. Richard Susan

    Anthony Hill legit and his method works like magic I keep on earning every single week with his new strategy

  15. amvorv21

    Respects treated me and respect to each other's it doesn't matter if you're rich or poor because is not based on Gender identity bcoz based on the ❤️ for the lives and savings lives of the people's around the worlds and all over the world's ..
    Used and using your ❤️ for the lives and Savings lives of the people's around the worlds. Thanks you. ..
    Please more expands and more produce the VACCINES and Vaccinated for free for the people's around the worlds specially and specific the poorest countries all over the world's to shares and sharing your beautiful value and valuebles in saves and saving lives to distributions and contributions responding and RESPONSES people's around the worlds and all over the world's to get back and opens and openings all the jobs and works for the workers for the people's around the worlds and plus to recovery and recover the ECONOMIES AND economics around the worlds and all over the world's to get back normal and normally life…

  16. Vehement

    lolololololololololololololololololol

  17. Raywalt de Cuba

    ONLY CRYPTO WILL SAVE THE $

  18. Greor Bowlfinder

    Invest in some Mandarin lessons. The American economic future is tied to the Belt and Road one way or another. The petro dollar system is almost over. The worst thing anyone can invest in is a western bank. Absurd.

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