US equities taking election polling to heart, US banks kick off earnings season, UK lockdowns
FT News Briefing
00:00
Market Reactions to Election Polls and Banking Sector Dynamics
This chapter explores how perceptions of the banking sector are changing in light of the upcoming presidential election. It contrasts traditional beliefs about Republican leadership favoring banks with emerging views that a Democratic sweep could stimulate fiscal growth, impacting loan loss reserves and earnings.
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Transcript
