Bank earnings on deck: What investors can expect

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Jpmorgan,Macrae Sykes,Net Interest Income

Big banks will kick off the third quarter earnings season as JPMorgan (JPM), Wells Fargo (WFC), and BlackRock (BLK) are all expected to report earnings on...

) are all expected to report earnings on Friday. Gabelli Funds portfolio manager Macrae Sykes joins Catalysts to break down what investors can expect from the bank earnings ahead and how major firms will be impacted by the Federal Reserve's rate-easing cycle.

Because when you take a look at those estimates versus zeroing in just on the banks, there's a little bit of discrepancy.Well, I think overall, I think it should be a pretty good earnings season. How much that then if if we don't see if we only see 25 basis point cuts between now and the end of the year.You know, absolutely.I mean, that's our North Star, and that's actually been flying quite a, you know, around, you know, going from 360 now about four.

And then we've seen the the rate curve in general flatten out, you know, So stop the inversion, and I think that's a good path to recovery in terms of, you know, managing your, uh, your liabilities and assets. The controversial media figure has also had Jaguar Wright remarks edited out of the original interview, saying it’s ‘not something we do lightly’South Africa's 'high priest' Ray McCauley dies aged 75

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