Bank Stocks Hit Historic 80-Year Low Vs. S&P 500: Analyst Sees Bear Market Bounce As Fed Rates Peak – Northern Trust (NASDAQ:NTRS), Western Alliance (NYSE:WAL), U.S. Bancorp (NYSE:USB), Morgan Stanley (NYSE:MS)
Analysts at Bank of America saw a buying opportunity in U.S. bank stocks, as the peak in interest rates could resolve many of the current issues for the sector. In…