Up In 2023 Despite the Bank Panic, Is Now the Time to Invest In Capital One?
After concerns over a bank run on Silicon Valley Bank, a chain reaction occurred that sent the industry into a panic. While most major banks are down for the year, Capital One (NYSE: COF) has been on the opposite path, and is up almost 15% year to date. Although it's been a decent year for Capital One so far, there's a lot of uncertainty in the economy that could make the rest of 2023 challenging.