BAC, C, GS: What Rising Rates Mean For Bank Stocks

<p>Banks are at year-to-date lows as rising rates cut loan demand, says Adam Johnson. He discusses bank stocks such as Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), and Goldman Sachs (GS) as notable bank earnings are to be released on October 14. He also talks about how 3Q earnings could reveal vulnerability. He then goes over what rising rates mean for bank stocks. Additionally, he notes finding opportunities in today’s markets.</p>