Bank Stocks Lower After Reporting Earnings (again).
As they seem to do every quarter, the bank stocks are trading lower after they reported earnings. However, their recent announcements on layoffs and shrinking bonus pools are much more telling about future economic growth.
(Quick note: I will be presenting at the MoneyShow Virtual Expo next Tuesday, January 17 at 2:00 EST. For more details, check out the following link.) https://mail.google.com/mail/u/0/#inbox/FMfcgzGrbtzfkrRRNKHVFKflxrLRCVrT?projector=1&messagePartId=0.2