Thoughtful Money with Adam Taggart · Sunday, June 28, 2026
Louie Gav highlights a divergence in the performance of the financial sector globally, viewing bank performance as a key leading indicator for economies. Japanese financials have shown exceptional performance, attributed to a steepening yield curve, increased capital spending, and fiscal stimulus. In contrast, US banks have experienced sideways trading, despite a strong US economy.
“So, I think this year, what's what's fascinating to me has been the divergence in performance between financials around the world.”
“Uh, and that if you look at Japan, financials have absolutely crushed it.”
“Uh, monster performance by financials in Japan.”
“Um, so, yeah, like, I think that's that's one key difference, perhaps, between the US performance this year and, and global markets.”