This week, we have banking and the recent rise in government bond yields in focus. Mary Daly, president of the San Francisco Federal Reserve, tells us that the run-up in bond yields means the need for another interest rate hike is âdiminished.â But with the September jobs report showing job growth remaining stronger than expected, and the Fed seemingly committed to keep interest rates high, what could that mean for three of the biggest banks, JPMorgan Chase, Wells Fargo and Citigroup, who are set to report earnings this week? And what could it mean for how they handle our money? Then, weâre flying into Deltaâs earnings report, also expected this week, with analyst Sheila Kahyaoglu, who covers the stock for the investment bank Jefferies. How is Delta navigating through the rough skies of high fuel and maintenance costs and the recent controversial changes to its Skymiles program, and what does that say about the state of travel and consumer spending? Plus, weâre looking ahead to this weekâs release of the new Taylor Swift âEras Tourâ concert movie. The movie industry has problems. Could the record-breaking artistâs film â and a deal to distribute Beyonceâs Renaissance concert movie too â help solve them, and provide AMC shareholders with a blockbuster profit?
Further Reading
Itâs a Good Time to Buy Bonds. Just Know What Youâre Getting Into.
Fed Holds Rates Steady but Pencils In One More Hike This Year
Costlier Fuel and Labor Cut Into Corporate Profit
Taylor Swift Concert Film Brings âEras Tourâ to Movie Theaters
Will Taylor Swiftâs âEras Tourâ Become the First $1 Billion Tour?
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