Behind the Money cover image

A different way to understand the US economy

Behind the Money

CHAPTER

The Importance of Bank Earnings

The signals from the manufacturing industry are not very good in America right now. But we don't really know how to read that because if you remember during the pandemic, we were all sitting at home ordering peloton and air fryers and yoga mats. And so now there's been this kind of shock in how we're spending our money. So what's been your biggest takeaway looking over these earnings reports? It is a very hard thing for a financial journalist to say, but things seem to be fine. I say with deep regret that things are fine.

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