US equities taking election polling to heart, US banks kick off earnings season, UK lockdowns
FT News Briefing
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Bank Reserves and Consumer Confidence Amidst Pandemic Recovery
This chapter examines the state of US banks as they navigate the third quarter, focusing on their loan reserves and economic implications. It contrasts cautious consumer credit card spending during the pandemic with potential shifts as confidence increases, hinting at a recovery in consumer trust.
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Transcript
