Regional Banks a 'Sweet Spot' for Investors: KBW's Cannon

Fred Cannon, global director of research and chief equity strategist at KBW, looks at the sustainability of the recent run up in bank stocks as he sees regional banks benefitting from a roll back of regulations. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

The Stock Market Doesn't Seem to Care About Oil
03:55 - The correlation between daily swings in the S&P 500 Index and crude has been roughly zero the past month, the lowest since January and far below the five-year highs reached in 2016 as the oil prices bottomed near $26 before staging a rebound. Bloomberg's Oliver Renick tracks the rotation in equities on "Bloomberg Markets." (Source: Bloomberg)
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