The stock market is in a bullish phase with the earnings season right around the corner.The banking sector, which recently faced a stress test, will kick off Q2 earnings with JP Morgan, Wells Fargo leading the charge.
Investors are eager to see the current earnings results and forecasts for the coming quarters, which will be critical in sustaining this momentum. Leading the charge are the large banks, which continue their upward trajectory alongside the broader market. Given its revenue structure, the bank should be a beneficiary of the start of the US interest rate cut cycle, which could take place this September.This summer, get exclusive discounts on our subscriptions, including annual plans for less than $8 a month!This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, counsel or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way.