KBW Bank Index Falls for Six Straight Weeks, Its First Six-Week Losing Streak Since the Financial Crisis

The KBW Bank Index has fallen for six straight weeks, its first six-week losing streak since the financial crisis.
According to the author, Warsh is signaling higher-for-longer rates, deposit costs are staying sticky, and credit cracks keep showing up at regional banks. The author says financials are flashing what the AI-led index is hiding.
The author adds that when the plumbing of the market bleeds for six weeks, the all-clear is not in. $KBE