Citigroup Inc. has announced it's time to take profits on some trades linked to a potential victory by former President Donald Trump in next month's election. The financial giant suggests that investors should act now amid the shifting political landscape.
Mid-cap stocks experienced a sharp rally that briefly fell into correction territory on Friday. Investors are growing worried about slowing earnings growth and high valuations, leading to increased uncertainty in the market.
In a recent discussion with Bloomberg, Ira Robbins, CEO and Chairman of Valley National Bank, shared insights on the bank's earnings report. He emphasized strong financial performance and highlighted a positive outlook for regional banks despite ongoing economic challenges. Robbins noted that Valley National is well-positioned to capitalize on growth opportunities and maintain stability in a competitive landscape.
