JPMorgan Says Structural Challenges Are Putting Pressure on Australian Banks

The video discusses the earnings season, noting a slight disappointment but reasonable market performance. It highlights sector performance, with some sectors like energy showing growth potential, while others like staples struggle. The financial sector's outlook is examined, especially post-Royal Commission, revealing challenges and opportunities. The banking sector faces structural challenges, with cautious optimism due to potential policy changes.

How did the market perform despite disappointing earnings?

What factors are putting pressure on the banks as mentioned in the text?