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0 0 -0.00163781001403838 -0.00421151146467009 0.0121665886757137 0.0180159101544222 0.0121665886757137 0.0059663079082827
Stock impact report

TPG Inc. (TPG): Among Small Cap Financial Stocks Hedge Funds Are Buying [Yahoo! Finance]

TPG Inc. - Class A (TPG) 
Company Research Source: Yahoo! Finance
Inc. (NASDAQ:TPG) stands against other small cap financial stocks hedge funds are buying. Much like other sectors of the economy, the financial and banking sector is likely to take a hit from the tariff uncertainty and recession fears. On April 8th, Reuters reported that the bank earnings season will likely shift from profit-making banks to losses. Mike Mayo, who is an analyst at Wells Fargo noted that the bank's earning season will unveil the largest effect of tariffs in the coming quarters because banks will have to set aside higher reserves for loan losses due to recession fears. Moreover, Stephen Biggar, director of financial institutions at Argus Research, noted that banks are a direct reflection of the economy, therefore as the market slows down, this sector could be the one to take the hardest hits. To talk about the impact of tariffs on the banking sector Suryansh Sharma, senior equity analyst at Morningstar joined Yahoo Finance for an interview on April 10. He noted that Show less Read more
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