Big money center banks are going to be challenged by softer investment banking, as well as potential marks on widening credit spreads. So i think ino the more diversified business model are going to have a tougher time this earning season. We do have a positive outlook, not only for for the equity capital markets, but even more so for sixeting capital markets. And that is where we expect a bright spot in capital market to morrow, kicking off with j p morgan.
Bloomberg News Technology Reporter Mark Bergen explains that Google plans to slow hiring for the remainder of the year in the face of a potential economic recession. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Markets Reporter Justina Lee talk about Justina's Businessweek Magazine story How Three Arrows Capital Blew Up and Set Off a Crypto Contagion. Saks CEO Marc Metrick shares the details of the Saks Pulse survey on luxury goods spending. Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, provides a preview of bank earnings. And we Drive to the Close with Eddie Perkin, Chief Investment Officer for Equity at Eaton Vance.
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