

Bank Earnings....Signs of more bad times ahead?
What’s the collective noun for bankers? It’s a wunch. As in: a wunch of bankers…
On this week’s PlayingFTSE show we’re looking at banks. The Steves have stocks they’ve been looking at this month. And we’re excited that it’s earnings season again.
We’re kicking off with the news from the US banks. JPMorgan, Citigroup, Morgan Stanley, and Wells Fargo have all been reporting earnings this week. Paul and the Steves try to get their heads around stress tests, capital buffers, and investment banking. One of our hosts has seen his shares have a little pop as a result of the earnings reports. Which one is it?
After that, it’s on to stocks for July. Steve W’s been buying Disney, but we’re not just going to talk about that *again* – we’ve found some interesting new things to have a look at. Steve W has been looking at Halma, a UK conglomerate that works on life-saving technologies. Steve thinks it’s one of the best businesses in the FTSE 100. So why isn’t he buying shares?
Steve D has been looking at Ubiquiti. The stock basically appears to be trying to buy itself back endlessly. With the share price down, is Steve a buyer?
Find out on this week’s PlayingFTSE podcast!