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home / news releases / MKTX - Financials Gold Or Crypto?: The 'Color Of Money' During Recession

MKTX - Financials Gold Or Crypto?: The 'Color Of Money' During Recession

MarketAxess Holdings Inc.
  • While the outlook for banking stocks has been upbeat this year, recessionary headwinds have been impacting valuations.
  • On the other hand, classical value storehouses such as gold futures and gold mining stocks have been surging in value.
  • Stocks of companies offering market trading facilitation services remain overvalued relative to their more traditional banking counterparts.
  • Bitcoin - touted by many as replacement for gold - has been largely directional with broader market trends, unlike gold.

For further details see:

Financials, Gold Or Crypto?: The 'Color Of Money' During Recession
Stock Information
Company Name: MarketAxess Holdings Inc.
Stock Symbol: MKTX
Market: NASDAQ
Website: marketaxess.com
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