The chapter delves into recent bank reports showcasing an increase in banking income but a decrease in net interest income, with a focus on the impact on investors. It also discusses Prologis raising rents significantly on warehouses due to high demand, analyzing the reasons behind these hikes and examining the dynamics of the commercial real estate market.
The traders are making money and credit card delinquencies are hopefully plateauing.
(00:21) Matt Frankel and Ricky Mulvey discuss:
- Bank of America’s comeback story.
- What big financial institutions are counting on from the Fed.
- Why commercial real estate giant Prologis is getting into the data center business.
Then, (17:58) Motley Fool contributor Rachel Warren interviews Dhruv Nagrath, a director at Blackrock, about fixed income trends for investors to watch.
Companies discussed: BAC, WFC, PLD, DLR
Host: Ricky Mulvey
Guests: Matt Frankel, Rachel Warren, Dhruv Nagrath
Producer: Dylan Lewis
Engineers: Desiree Jones, Kyle Carruthers
Learn more about your ad choices. Visit megaphone.fm/adchoices