This chapter discusses the recent strong performance of stocks in the banking sector and attributes it to factors such as short-covering, lack of bank failures, and the Fed's pivot. It also explores various aspects of the banking industry, including credit quality, reserves, return on equity, net interest income, and loan growth.
Anton Schutz, President at Mendon Capital Advisors and Bloomberg News Wall Street Reporter Sonali Basak break down earnings results from many of the big US banks. Ecolab Chief Sustainability Officer Emilio Tenuta discusses providing affordable, secure and inclusive access to water ahead of the World Economic Forum. Bloomberg News Global Economy Reporter Enda Curran shares the details of his Businessweek Magazine story These Are the Five Potential Trouble Spots That Could Knock the Global Economy Off Course. Silvina Moschini, Founder, President & Chairwoman at Unicoin, explains how SEC approval of Bitcoin ETFs could open the door to crypto for more investors. And we Drive to the Close with Kathy Jones, Chief Fixed Income Strategist at Schwab Center for Financial Research.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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