Lack of Earnings Shocks Is a Positive for US Banks, Mike Mayo Says

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A dearth of negative shocks from big bank earnings this season is a positive for the sector, Wells Fargo & Co.’s Mike Mayo says, after tumult last year rattled the industry.

ECB’s Villeroy Says Green QE Neither Desirable, Nor PossibleCigna, Humana Merger Deal ‘Math Now Works,’ Jefferies SaysLagarde Reiterates Europe, US Shouldn’t Engage in Subsidy RaceRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingPoland’s Coal Output Drop Raises Questions Over Economic RevivalUBS Cuts View on ‘Big 6’ Tech Stocks as Earnings Growth SlowsSugar Rises From Near One-Year Low on Signs of Tighter SupplyWall Street Strategists Split on Profit Path as Stocks Pull...

AIAs inflation cools, Macklem says different countries will cut rates at own paceFed's uncertain path creates bind for Bank of Canada's MacklemCanada's population growth was 'too much, too soon,' despite some positives: economist2024 budget hurts inflation fight, foreign investment, young people: DodgeThe Daily Chase: Budget fallout continues, Lion Electric cutting jobs againTrudeau says Conservatives' vote against budget is a vote against 'fairness'Budget pushes...

 

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