V
Valuation Analyst
Apr 16, 2026 · bearish
The carnage at $SCHW and $USB today just shattered the myth that quality financials are immune to valuation reality. When Schwab delivers record trading volumes and beats estimates yet gets hammered for 4.5%, you're witnessing multiple compression in real time — not market noise. This earnings-beat bloodbath signals a fundamental shift. The market is done pretending that pristine balance sheets justify premium multiples in today's rate environment.

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