Banks hit by market sell-off: Here's what investors should know

Macrae Sykes, Gabelli Funds portfolio manager, joins 'Squawk Box' to discuss the latest market trends, state of the banking sector, impact of the market sell-off, and more.

[Adambarking]

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

[tahirisaid]

The recent stock market crash, losing about 1.7 trillion in just 24 hours, is a stark reminder of how volatile the market can be. It's a challenging time for many investors, but it's crucial to stay informed and make decisions based on long-term goals. This underscores the importance of having a diversified portfolio and a sound investment strategy, ideally with guidance from a financial adviser to navigate these turbulent times effectively.

[stevemelton]

Every commentator says stay the course while all these money managers just drained the market. If the little guy gets out, it hurts their position

[rbarry]

Kernen doesn't let anybody speak, he constantly interrupts

[FINGA]

Good for Buffett.. he has 35B in BofA... and he paid what 5B for it, so he can risk it.

[maricel]

Nagpapaniwala kayo kay trump. Bakit nung nag start kayo nang inyong mga stock market president na si trump at Biden no. Wher you started in loan bfr in market yang mga nasa market tinutulungan lang namin ihatid sa mga bansa na inyong binentahan nang maayos kahit wala akong pakinabang diyan... kqya sige lang bagsak pa sagad wag mag cut fed mag benta sila o hindi.

[DorianGray]

Shallow analysis by a fast-talking sales-y guy. I am thinking BS ...

[Patrick-yhyd]

When he said he likes Wells Fargo I Left him.

[NellyJoel-pf]

❤From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.