How Fears of a Trade War Are Weighing on Wall Street

The video discusses the current economic climate, focusing on how trade wars and uncertainty are affecting banks. It highlights the lack of completed deals in the US and the impact on banks' ability to lend. The discussion also covers the outlook for the second quarter, investor expectations, and potential catalysts for the second half of the year. Additionally, it examines M&A trends, noting a lack of completed deals but a promising pipeline that could benefit banks in the future.

What was the initial expectation of bank executives following the tax overhaul?

• A decrease in corporate borrowing

• An increase in trade wars

• More deals and increased borrowing by companies

• A decline in bank profits

How do trade wars affect corporate borrowing?

• They lead to lower interest rates

• They create uncertainty, discouraging borrowing

• They have no impact on borrowing

• They encourage more borrowing

What are investors looking for in the second quarter for big banks?

• An increase in trade wars

• A narrative to guide the rest of the year

• A decrease in interest rates

• A reduction in bank fees

What is the current trend in completed deals in the US?

• A significant increase in completed deals

• A decrease in completed deals

• No change in the number of completed deals

• A rise in interest rates

What does a strong pipeline of deals indicate for the future?

• An increase in trade wars

• A decline in corporate borrowing

• A decrease in bank fees

• Potential for more fees from M&A