Bank Earnings to Put U.S. Economy Under Microscope

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Bank Earnings to Put U.S. Economy Under Microscope
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If the U.S. is heading into a recession, it could show up in the biggest banks’ financial results over the next few days

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America’s biggest lenders are expected to post $28 billion in fourth-quarter profits, down 15% from a year earlierDevin Blaskovich for The Wall Street JournalIf the U.S. is heading into a recession, it could show up in the biggest banks’ financial results.

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telisdemos

So how much is enough?

Welcome to Biden world We're you can watch your 401K drop through the floor.

As much as these big corporations have made off the backs of people they can afford the drop.

What accounts for the variable profits and losses of banks?

If? Jerome Powell has said repeatedly that he’s got to cause a recession in order to rein in the record high inflation democrats caused when they passed that unnecessary 2 trillion dollar stimulus bill back in early 2021. There’s no if. Recession is coming.

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