"A noteworthy structural trend was the outperformance of large U.S. banks, which collectively added hundreds of billions in market value." This is so useless! Just quite the performance! Does the average reader knows the market capitalisation of the sector and, thus, can compute the rough performance range based on the addition of a few hundred of billions"?
That’s fair feedback — thank you for calling it out.
You’re right that “hundreds of billions in market value” is too abstract on its own if the reader doesn’t already have a sense of the sector’s starting point. The intention was to highlight relative outperformance and the directional significance of the move, not to replace concrete performance metrics — but I agree that adding explicit percentage returns or index comparisons would have made the point clearer and more actionable.
"A noteworthy structural trend was the outperformance of large U.S. banks, which collectively added hundreds of billions in market value." This is so useless! Just quite the performance! Does the average reader knows the market capitalisation of the sector and, thus, can compute the rough performance range based on the addition of a few hundred of billions"?
(Just being constructive here I hope!)
That’s fair feedback — thank you for calling it out.
You’re right that “hundreds of billions in market value” is too abstract on its own if the reader doesn’t already have a sense of the sector’s starting point. The intention was to highlight relative outperformance and the directional significance of the move, not to replace concrete performance metrics — but I agree that adding explicit percentage returns or index comparisons would have made the point clearer and more actionable.
JPM +34%
BAC +25%
WFC +33%
C +66%