Bloomberg Surveillance
The Big Banks Report as Fed Officials Signal Higher for Longer
Apr 16, 2024
Guests Ken Leon, Gene Munster, and Tony Crescenzi discuss bank earnings, iPhone sales slowdown, Tesla, market outlook, and risks of geopolitical conflict. Topics include sector dispersion in equity markets, tech M&A outlook, Fed's stance on inflation, Live Nation antitrust suit, setting artist fees, and Ticketmaster legal issues.
30:07
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Banks transitioning to tech-driven processes with emphasis on efficiency and technology-based roles.
- Sector dispersions peak in market distress, suggesting focus on tech, communication, and consumer sectors for better performance.
Deep dives
Importance of Capital Markets in Banking
Utilizing technology and emphasizing capital markets, banks like Morgan Stanley are focusing on efficiency and performance. Layoffs are being replaced by hiring in areas like technology and intellectual content, indicating a shift towards technology-driven processes.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
