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Bloomberg Surveillance

Surveillance: Bank Earnings Kick Off

36 min13 oktober 2023

Sonali Basak, Bloomberg News, discusses Citi, JPMorgan and Wells Fargo earnings. Ken Leon, CFRA Director of Equity Research, says banks can continue to enjoy net interest income growth if they "hold the line" in deposit costs and the Fed stays higher for longer. Greg Boutle, BNP Paribas Head of US Equity & Derivatives Strategy, believes the Fed has put in its last hike but there is a risk they go again. Greg Valliere, AGF Investments Chief US Policy Strategist, says the current state of Washington is a circus and a clown show. Rep. Mike Lawler, (R) New York, discusses the Israel-Hamas war, as well as Scalise ending his bid for House speaker.
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