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Home Business

Friday’s bank stock rally is typical of a bear market rally, says Crossmark’s Bob Doll

CNBC Television by CNBC Television
September 4, 2022
in Business
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Friday’s bank stock rally is typical of a bear market rally, says Crossmark’s Bob Doll
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Barbara Doran, BD8 Capital Partners, and Bob Doll, Crossmark Global Investments, join ‘Closing Bell’ to discuss what’s behind the current enthusiasm for bank stocks, whether Doran is a buyer of the bank stocks and sectors Doll feels confident suggesting investors buy. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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Comments 37

  1. Denis grant says:
    3 years ago

    Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine emprutt.ONLINE Brünette und eine anderej Blondine. Es wäre unfair, wenn ich 4 wählen würde

  2. Michael Pescatore says:
    3 years ago

    seen this every friday… monday we tank

  3. no name says:
    3 years ago

    Bears are about to get slapped. Looking forward to a great earnings season. 🐻

  4. Peter L says:
    3 years ago

    Coming off high employment is exactly what takes us into a deep recession. There is a bubble in employment and spending. Look around you. Are your co-workers doing anything? Real work is a soul sucking meat grinder. You kids were raised in a fantasy world and never saw a real economic purging process. It comes like the seasons.

  5. Daniel Bradford says:
    3 years ago

    Watching "business tv" (which targets the top 10% of income earners as its audience, those earning over $200,00/year) is like watching tv from Opposite Earth, where inflation is low, Joe Biden is the smartest man in America, and the economy is booming. These folks think everything's great and is going to get better and better. And for them, that's true.
    Meanwhile, back to the reality of the other 90% of us–the 9.1% inflation number (which is really 17.1% CPI when you take into account ALL goods and services) was higher than predicted, and this "transitory" inflation that was going to last a quarter or two has gone on for more than a year, with no end in sight. We're already in recession and massive joblessness and defaults on mortgages and auto loans are going to spike, perhaps at a high not seen since the Great Depression.
    The top 10% won't be affected by any of this. In fact, all this pain for the rest of us is just a whole new set of opportunities for them.

  6. Mid-Class VS Sup-Rich says:
    3 years ago

    SHORT SQUEEZE FOR COUPLE WEEKS? AGREE. Retail investors believe market will keep going down. SELL & start SHORTING STOCKS. Big money will SQUEEZE those brainless, get their $$. THE NEWS NOW IS NEWSLESS.

  7. Morris Monet says:
    3 years ago

    Dead cat bounce.

  8. Jay M says:
    3 years ago

    Get in and get out before next big rug pull.

  9. Jay M says:
    3 years ago

    My worst stock (UPST) ripped the most today (6.4%).

  10. Jay M says:
    3 years ago

    You can be sure that big investors have gotten wind that Central Banks will continue printing.

  11. apope06 says:
    3 years ago

    "Things look very good."🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤡🤡🤡🤡🤡🤡🤡💩💩💩💩💩💩

  12. Jack Marinangel says:
    3 years ago

    Calls stocks cheap…. but says there's more lows

  13. netstarr77 says:
    3 years ago

    That lady is nuts. Just wait till these banks go bk. That's the question, I say Nationalize them

  14. Chain Man says:
    3 years ago

    Banks _ things are going so well, we're suspending our stock buy back plans. LOL

  15. ScotchScotchScotch says:
    3 years ago

    Did I miss something? Didn't we see record inflation 2 days ago? Wasn't the dipping commodity prices in response to an expected recession? If things are so good, expect oil to go flying back up, and then we're right back where we started…

  16. apothe6 says:
    3 years ago

    come on FAS

  17. Ethnos Synergy Energy says:
    3 years ago

    This is clearly "fools gold". This will encourage more people to invest, and they will get wiped out by EOY.

  18. True Persona says:
    3 years ago

    IS USA ON BRINK OF DEFAULT?
    IT IS FED's FAULT TO PRINT TRILLIONS OUT OF THIN AIR. All fiat currency made BUBBLES such as the banks, stocks, housing, corporations, cryptocurrency, etc will go BUST due to HUGE DEBT, FAKE FIAT EARNINGS, RISING COST OF LIVING and STAGNANT WAGES.
    The US FED will keep on raising interest rates until the economy reaches STAGFLATION. The FED only purpose is to get rid of the NINE TRILLION DOLLAR tumor from its balance sheet by asking investors to buy US securities at MINUS 10% returns when adjusted to HYPERINFLATION. In a GLOBAL RECESSION this sale will not happen. This can be the longest RESET and RECESSION in USA history.

  19. Alex Walker says:
    3 years ago

    Its natural to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world.Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested, expert-suggested investment strategies that can help you weather the current crypto storm. In 2 weeks of shorting and trading with signals directly from Stacy Huth, I have been able to accumulate 11 btc despite the state of the market..

  20. Ringland creations says:
    3 years ago

    Thanks for the recommendations, I was able to grow upto $180K in the past 2months, and I'm more concerned on what strategies to apply now for profit maximization, my goal for a year is $1million, please clues and tips will be highly appreciated.

  21. Cody Mercurio says:
    3 years ago

    1. How can some financial advisors and economist maintain that we are in a recession when we have full employment (3.6%), creating jobs, and still have 11,000,000+ job openings?
    2. How can we be in a bear market if the DOW index is not in bear Market territory?
    3. Were there any previous labeled bear markets in American history where all the indexes were not in bear market territory?

  22. latrice caroway says:
    3 years ago

    Venturing into a trading world without any help of a professional trader and expecting product or profit is like turning water into a wine you will need a miracle that is why I trade with Charlotte waston her trading skills set is exceptional

  23. Kenny Powers says:
    3 years ago

    Monday will probably be red for banks now 🤣

  24. Jung Han says:
    3 years ago

    Bank going up? Starting buy? Go to any bank and check up how many workers and customers there! Nobody in there! Good luck! Lol!

  25. Andrea Trautmann says:
    3 years ago

    I keep on getting $380,000 every week from a new trading platforms in town

  26. fred malcom says:
    3 years ago

    News Flash – DOJ Attorney General Merrick Garland needs to step down or be fired!

    Why arent reporters asking President Biden about Merrick Garland lack action for Trumps many crimes?

    Secret Service has Trumpist supporters doing a coverup….destroying evidence. device replacements are ALWAYS backed up! Where are the backups?

    The American carnage stops when Trump is arrested

    Trump tampers with witness….trump wants revenge….getting harder for DOJ to protect trump

    Unethical Linsey Graham ordered to testify

    Steve Bannon thinks Trump is the current President and that he is employed by the White House….why else does he want to testify? To have executive privileges you have to be employed by the White House and only the current president can waive those executive privileges.

    Steve Bannon pleads to be able to testify, but he committed his crime already so he will go to jail.

    Cipollone does not dispute Trumps illegal activities…..Trump to be indicted soon…

    Cipollone was Trumps White House lawyer and has NOW testified under oath to convict Trump.

    Trumpist making deadly threats and trying to intimidate witnesses!

    Trumpist gunmen will continue because Trump has never been punished for his crimes…..they see no Law and no Order. Arrest Trump and save our kids!

    Trump attacked his secret service agent. Secret Service Agents asked to testify UNDER oath!

    Trump vandalized the White House, destroyed White House property in fit of rage and stole secret documents.

    FBI seized John Eastman for criminal activity and now has his cell phone

    Ron Johnson lies about his seditious conspiracy efforts.

    Mo Brooks, Matt Gates,Scott Perry,Louis Gohmert, Andy Biggs,Paul Gosar, Marjorie Taylor Greene, John Eastman admits guilt….all by asking for pardons!

    Everyone knows, if you ask for or accept a pardon you are admitting guilt! A pardon is for a crime committed.

    Trump willfully mounted the insurrection and violate conspiracy statute 18 U.S.C. § 371 of the criminal code. Trump also stole secret documents from the White House.

    Steve Bannon Arrested, Guilty and Indicted! All appeals denied by courts and his trial starts in July 2022.

    Proud Boys Leader Henry “Enrique” Tarrio is arrested for seditious conspiracy
    Proud Boys – Pezzola arrested for seditious conspiracy
    Proud Boys – Ethan Nordean, of Seattle, arrested for seditious conspiracy
    Proud Boys – Joe Biggs, of the Daytona Beach area arrested for seditious conspiracy
    Proud Boys – Zachary Rehl, of Philadelphia arrested for seditious conspiracy

    Peter Navarrow Arrested, Guilty and Indicted! Trial date 11/17/2022

    Mark Meadows Guilty and Contempt
    Dan Scavino Guilty and Contempt
    Civil Contempt For Trump Is Pending
    Civil lawsuits For Trump Are Pending
    Jail Time For Trump Is Coming: he stole white house documents and gifts to America from foreign officials.
    Loudermilk is a Trumpist Insurgent. He lead Trumpists into the Capital and then denied it.

    Support for Trumpism is support for more mass shooting

    No person is above the law! Listen to former DOJ Eric Holder, you can and need to prosecute Trump.

    since January 6 2021 not one single Republican lawmaker has been held accountable for their insurrection actions. they will win re-election if not arrested and they will cause more chaos and mass shootings. Put an end to the evil Trumpist Republicans and support the good Republicans and good democrats.

    We need to support a federal law mandating prison time for each lie told by an elected official.

    More Very Disturbing Trends –

    1 Law enforcement has NO OBLIGATION TO HELP ANYONE…that is what their Union will fight for during investigations and trials.

    2 Law enforcement cant be prosecuted for Not doing their jobs

    3 Law enforcement can legally lie unless they are under oath at that moment

    4 The District Attorney will side with the cops almost always

    5 Law enforcement has qualified immunity, which makes it very difficult to prosecute them

  27. Owen Adrian says:
    3 years ago

    Nice content 💯
    This season has been really great, I've been making massive profits on my crypto investment, all thanks to Expert Julia Oswin.

  28. Barclay Blair says:
    3 years ago

    I have been heavy on stock trading before i was introduced to crypto trading. At volatile stage of bitcoin, the price movement is also induced by the same trading circumstances as stock trading, With this you can time mrkt pivot signals with the right tools. Considering all this, you need to have a good strategy when trading, before meeting Eric Birger, I had a string of trading losses that I'd like not discuss. Thanks to his meticulous guidance, I've had a great experience employing his Signal techniques for my trades, as I've watched my portfolio grow by six figures under his guidance.

  29. Kamilah Koss says:
    3 years ago

    It <makes sense, BTC and crypto is off helping to regulate, rather that pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 16` BTC from day-trade with Silvia Macido Crypto in few weeks

  30. Iván García Novais says:
    3 years ago

    Mass media selling always stories for citizens to get trapped.

  31. Ricky Truong says:
    3 years ago

    inflation! everything is expensive, only stocks are cheap. Why don't buy stock ? time to buy stocks now

  32. Paul Jack Vasilyev says:
    3 years ago

    My friend in Texas referred me to this channel you make a lot of sense but I do not understand anything until she referred me to a financial counsellor in USA that help me to craft my portfolio and over a year we have been working together making consistent profit enough to get me a new apartment and care for parents.

  33. Elvis Herrera says:
    3 years ago

    When you see a rally buy !!! When Market is red do not buy! Buy High Sell Low very good advise as usual from CNBC.

  34. Marc Rover says:
    3 years ago

    You know what the saddest part of all this is? The ONLY thing we SHOULD be talking about is ABOLISHING the Federal Reserve.

    Almost none of you realize the truth, and it legitimately hurts my soul.

    You want to know what the Federal Reserve TRULY IS? A conglomerate of PRIVATELY OWNED banking dynasties/families which have direct influence over financial/monetary policy in this country.

    Just think about that…That's a FACT.

    We are allowing regular people, AND THEY ARE BANKERS, to determine course and policy with the entirety of our economy.

    Just. Think. About. That.

    I wouldn't trust these people to BABY-SIT my NEIGHBORS KID.

    If you don't want to believe me, fine, here's what Thomas JEFFERSON had to say about centralized banking: " If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

    You people don't understand. Wealth, happiness, and opportunity is being siphoned out of this country, and the Fed is the weapon which does it.

  35. BISWAS FOOD INDIA says:
    3 years ago

    KPR mill buy now target-1000 rupees1 month🙏

  36. Brandon Hills says:
    3 years ago

    If you’re a modern investor then your main aim I guess would be to take home profits for yourself and family especially during times like this when reading the charts are extremely difficult due to its chronic volatility. Well good-news you don’t have to worry about how this will will come about just commit investments with Mr pen larry and the rest will be good history of profits for you

  37. Marìa Teresa says:
    3 years ago

    When it comes to wealth creation, what advice would you give to someone who has $10k above and is ready to invest but in search of a productive sector that can yield good returns ?

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