Morgan Stanley: Here's why Wells Fargo's Mike Mayo downgraded the stock

Mike Mayo, Wells Fargo Securities, joins 'Closing Bell: Overtime' to discuss his thesis behind Morgan Stanley's downgrade, what's fueling the broader selloff in financials, and more.

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[@aman888]

Am I the only one who sees the conflict of interest of a bank downgrading another bank?

[@MahanFan1]

Where do financial analysts work?

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[@willberry6434]

based on what? Inflation is down, and rates are getting cut soon

[@Patrick-yh5yd]

@@willberry6434 Inflation is down? you believe that?

[@willberry6434]

@@Patrick-yh5yd there is a difference between overall inflations vs month over month. Month over month is what matters for interest rates

[@MahanFan1]

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