The Advocate: High flying stocks get hit in 2022, but local banks hold strong

Peter Ricchiuti photographed in his office

Peter Ricchiuti, senior professor of practice and director of the Freeman School’s Burkenroad Reports program, was interviewed by the Advocate for a story about how a portfolio of Louisiana stocks fared in 2022.

“What a crazy year,” said Peter Ricchiuti, a finance professor at Tulane University who tracks regional stocks across the South through the university's Burkenroad Reports. “The high-flying stocks got clobbered and the boring ones hung in better because of the higher interest rates.”

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