Investing Insights

Big Banks Bracing for a Recession

Informações:

Sinopsis

In today’s episode, Eric Compton, a strategist with Morningstar Research Services, talks about banks saving for an economic downtown and where investors could find opportunities.00:06 Intro00:36 Disney Proxy Fight01:48 Hanesbrands closes Q4 with positive news 02:38 Coinbase plans layoffs03:46 What do JPMorgan, Bank of America, Citigroup and Wells Fargo's results tell us?05:57 How do their current actions compare to what they've done before previous recessions?08:00 How could a recession affect banks in the short term and the long term?10:30 What's going on with Wells Fargo?12:39 Citigroup is also in a turnaround mode. What's the upside and the downside from their fourth quarter?15:05 If investors are looking for opportunities among the Big Four that we discussed today, what would you recommend?18:00 The Best 529 Plans of 2023Read about topics from this episode.Trian Opens Proxy Fight With Disney; We Believe Peltz Could Add Value as a Board MemberCoinbase to Lay Off More Workers in Second Round of CutsHanesbra