Earnings season: What to watch for from financials

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Earnings season kicks off Friday, October 13 as several banks including JPMorgan Chase & Co. (JPM), Citigroup (C), and PNC Financial Services Group (PNC...

), will be reporting earnings. Scott Krisiloff, The Transcript Editor and Avondale Asset Management Founder, joins Yahoo Finance Live to discuss what to watch for from the financial sector going into earnings season.

“The types of things that we’ll be looking for in earnings seasons as it starts up,” Krisiloff says, is “we're looking at interest-rate sensitive sectors across the board right now with longer term interest rates rising and trying to see the impact that that... rise of interest rates is having on them,” as well as the mortgage space. Krisiloff adds that he's “not expecting any sort of continued financial crisis from especially these long-duration asset securities portfolios at banks.

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