Wall Street Breakfast Earnings arrive as Trump downplays China trade fight
Oct 12, 2025
President Trump reassures the public amid rising tensions with China, while the market braces for big bank earnings reports. J.P. Morgan and Goldman Sachs are in focus, with analysts optimistic about their growth prospects. Meanwhile, Warner Bros. turns down a bid from Paramount, sparking industry speculation. In retail news, the success of the Air Jordan brand is examined, highlighting its significant economic impact. The discussion also includes upcoming dividend dates for savvy investors and potential short candidates across various sectors.
AI Snips
Chapters
Transcript
Episode notes
Trade Tensions Reignite Market Volatility
- President Trump downplayed U.S.-China trade tensions after threatening 100% tariffs over rare earths restrictions.
- China responded it won't back down, creating renewed market volatility and a crypto bump.
Big Banks Set Earnings Tone
- Big banks kick off earnings season with heavy influence on market tone this week.
- Analysts expect J.P. Morgan to show strong card growth and higher net interest income guiding sentiment.
Watch The Earnings Calendar Closely
- Track the packed earnings calendar closely if you want to avoid surprise moves this week.
- Focus on banks early and then financials and industrials as results cascade midweek.