This is your Markets Minute

Crossmark Global Investments CIO Bob Doll believes that the worst of the bank crisis may be over, but there’s a long lag to the Federal Reserve's raising of interest rates that could lead to additional consequences. That said, Doll finds the recent simultaneous increase in both financials and tech stocks to be encouraging.

Uh, I hope and I think we're past the worth of the bank crisis. Look, there have been a lot of ring fences put up, that hopefully will be sustained, but that doesn't mean we're past all the issues related to what the fed has done in the last 12 months. IE raising rates from 0 to 4 and three quarters have consequence expenses and we've seen one of them so far. Could there be more?

I don't necessarily mean another bank failure but it could mean a slowing economy. You know that long lag. What I like about today is unlike recent days, recent days have been either tech or financials and energy today. It's both going up. That's encouraging.