Big Week for Bank Earnings

The video discusses the expected underperformance of banks, with a focus on earnings contraction and hedging strategies. It highlights the impact of stress tests and buybacks on financials, noting the role of low interest rates in stock buybacks. The importance of trading income and market expectations is emphasized, with a low bar set for earnings growth. The video also analyzes Brexit's limited impact on US markets and the potential role of regional banks in market dynamics.

What are the expectations for bank earnings growth in the current market environment?

How did the U.S. stock market respond to the Brexit referendum compared to global markets?

What role do regional banks play in the overall banking discussion?