
Oil’s Big Breakdown, and a Special Earnings-Focused Second Hour 7/12/22
CNBC's "Fast Money"
00:00
Are Reserve Releases Helping the Banks?
I like it when banks go into earnings having traded poorly, which its a bank up set up now they realy have traded poorly. I think there's probably still some reserve releases to be had. But i think that, ah, it's just going to be about the commentary about the economy. And i think going to see net interest income improve,. As rates have been higher, they're telling you they're going to have better net interest income. Loan growth is going to be good. That's better, better margin stuff. The question for the big money center banks, i do think trading revenue will be down, and i think clearly investmet banking revenue will bedown.
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