Financials a Buying Opportunity After Selloff, Says RBC's Cassidy

The transcript discusses the recent sell-off in financials due to tariffs on Chinese imports and the flattening yield curve. It highlights investment opportunities in banks with diversified revenue streams and considers financials as defensive plays due to strong balance sheets. The analysis also covers the market position of Goldman Sachs and Morgan Stanley, noting their focus on capital markets and potential benefits from market activity.

In what way does Gerard believe financial stocks should be treated in the current market?

What is Gerard's perspective on the performance of Goldman Sachs and Morgan Stanley compared to other banks?