Concerned Eyes On Retail and Banking Sectors

Concerned Eyes On Retail and Banking Sectors

June 8, 2023

Portfolio Manager & Senior Research Analyst Julie Biel joined CNBC ‘Fast Money’ to discuss the rise in retail trouble that is anticipated to spread and why department stores are having difficulty to compete. She also shares her concerns about the health of regional banks and the shadow banking space.

This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the recording of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.

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