The US banking sector has been losing ground in 2022 even though the Federal Reserve has hiked interest rates four times since March.
The NatWest share price is trending lower and it has been in a downtrend since early June, last week it dropped to an eight week low.
JPMorgan’s share price peaked in September 2021, and it has been trending lower since. Banks usually outperform in environments where interest rates are rising or at least where the perception is that rates will be lifted.
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